Even in the nascent years of Communism, the idea was dead within 10 years; the Soviets only managed to recreate a society of oligarchs and peasants under the lip service of equality.

It’s always good advice for someone doing a 1031 to actually have their replacement property under contract when they sell the original property, but few actually do this.

I call the process "thinning the herd", and each year I evaluate the property performance and either take actions to increase the individual property performance or sell the under performer. 

How are you managing your properties in that area given that property management company seem to be extremely unreliable and seem to go under quite frequently 

He will own 1/2 of about 4M in real estate after 2 years and is already under contract on 2 more developable projects.

IMO a big reason why so many people are hurting right now is because the underlying asset only makes sense using this one strategy STR.

I can see how Gatlinburg/Sevierville/Pigeon Forge has an oversupply (even though SMNP receives the most annual visitors per year of any national park and double that of the #2 NP)… though, from what we’ve watched in the last year and gathered from our realtor in Knox, both Knoxville and Chattanooga homes are still going for over asking price which would indicate an under supply, no? 

You’ll want to check if your specific work falls under their home improvement contractor licensing, or if there are additional local permits required depending on the county.

It's been a very, very bumpy road to be under contract - and past the due dilligence period - on a new build we are purchasing with the intent to use it as a STR (and some personal use).

There are controllers on each end for 1-player or 2-player games, then a second set of controls on the side for head-to-head games like Street Fighter.We have a cheat-sheet with instructions under the glass, and we have a book with laminated pages that lists the instructions and the games.