Here's the details:ARV- $210- $220KRent: about $1,900/month3 beds/ 2 bathsNeeds: New roof, New HVAC, New fence, Minot touch ups inside like paint and cabinet touch ups.Rehab- About $40kI offered $140K and he countered with $190K.

Example Scenario:- I sell a property for $700K, walking away with $150K.- I invest that $150K as an LP in a syndication deal.- The syndication sells later for $5M, and my share grows to $200K.- I want to 1031 exchange again.Question:Does my next deal have to be larger than $5M (the overall deal size) or just larger than my share of the equity in that deal - meaning, if 200k was 20% ownership then it has to be more than $1M (20% of sales price)?

Like you said, identifying what areas in your property are unique and can be designed to offer your ideal guest value.

I have had previous requests for help with this situation, and that's the advice I consistently offer.

The only real advantage to using an FHA loan is to offer only 3.5% down payment, which in my opinion is barely justified as an advantage. 

One long-shot option is to offer a lease at something like $1,300. 

But if your goal is to leave your day job soon, multi family will offer more cash flow typically.

This community will offer you so much value - don't be afraid to drop your questions here or reach out to any of the folks above directly.

I wanted to jump on and share the awesome perks that BP and Invelo are offering for BP Pro Members and answer your skip tracing questions. 

We walked it.