You do not need to take on new debt for the $450,000 reinvestment unless you choose to do so for other financial reasons.If you have further questions or need clarification, feel free to ask!

Feel free to reach out with any questions.

Between lender fees, appraisals, and interest, it feels like a big chunk of it has been eaten up.

I feel this gives me the flexibility to find the right solution for my client and not just sell what my bank offers.

I feel like in today’s day in age there are so many tools for STR operations and I cannot believe there is no integration for a merchant of sale transaction or some kind of financial app/ software that can take the remitted taxes and pay them to the government automatically.

I feel like I just analyze every option and then never have confidence to do anything.

I plan to use a project manager but would love to hear your thoughts.Finding a reliable and trustworthy property management company feels like a big hurdle.

@Richard Bautista your gut is serving you well, saying something feels off here. 

If you have any questions on 1031's feel free to ask! 

You'll get a feel for the age of the neighborhoods, the vitality of the commercial buildings, the ease of location, the closeness to jobs.The markets you're describing are more linear, and usually have lower capital appreciation.