You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

Hey @Sarah MooreThere really is a void of reliable (and trustworthy) property managers in the area.

This is what can go wrong when you have beginners wholesaling who have no training in real estate, no experienced managing broker to go to for advice, no license, no E&O insurance, no knowledge of how to avoid scams, no regulatory body to answer to, no relationships with other quality people in the industry like title companies, lenders, contractors that they can refer to help people, etc. 

I’m not sure if I can sell it and do a 1031 on it to avoid taxes, or would it be better to try and rent it out as much as possible and buy the other one too and try and rent them both out.

At some point, the scales will tip and then everyone left wants/needs to jump off in order not realize coming loses.It is a cycle, like most things in life, but one that can be avoided if you stick to what actually works rather than taking unnecessary risk just to force a deal.

Selling now avoids capital gains tax and lets you reinvest into a new primary home and a solid rental property, which feels like the safer play given the cash flow challenges and ARM timeline.

I avoid the ones that aren't even if I plan to pay cash. 

Now, I think the best exit strategy to avoid recapture tax continue to build on your portfolio would be to do a 1031 exchange. 

.: I've never hired an EA or CPA before and need advice on vetting them to avoid being taken advantage of.

Be upfront with tenants about lease terms to avoid surprises, and those summer STR rates?