We have 2 ways of handling these situations:1.

In addition if you use a title company or lawyer to handle the closing then they are legally required to report the sale to the IRS etc.

Hi, BPers,I’m curious about how you handle weed smoking in your STRs.

How would you all handle this?

So, how you want to handle that is sort of up to you.  

Usually yes, however there are crowdfunding opportunities like sparkrental.com that allow for low entry.   

This is how the majority of investor are handling rehab projects.

Otherwise many many many agents spend a lot of time and effort finding property and writing contracts only to find that the funds can't be transferred, or they don't have immediate access to the funds, or they need some kind of approval from 3-4-5th parties, or there are exchange restrictions, or 9000 other excuses.You probably need to find them a commercial broker who can handle whatever kind of investment they want to make. 

I understand your home market may not be attainable and there may be a need to purchase in  secondary market that have lower cost barriers of entry but don't focus solely on cost of entry.

On the other hand, I could hold on to the property with the thought that I can handle the expenses of keeping it, while continuing to pay off considerable equity and gaining appreciation for each year I hold on to the property.I would love to hear everyone's thoughts on what is the best option, as I have been having trouble making a decision given my limited knowledge and experience.