Price: $1.1M***** Property Detail ******5 bed / 5.5 Bath7300+ sqft6.5 acres w/pondSmart home (owner has been managing this property remotely)As-is appraised value: $1.325M***** Included in purchase *****- Completely furnished with seasonal decorations (the cleaning crew will be swapping out the decorations for fall today).- Includes the bookings website which accounts for a very large portion of the bookings (airbnb and vrbo account for a small portion, meaning less fees paid out).- Includes Facebook and Instagram social media accounts and branding.- Automation booking software to be transitioned, already has drip campaigns that the customer is entered into once booking a stay and reduces the management time to a few hours per month.- Membership programs (2 levels) that automatically rebook the member annually.***** Financials *****GOI 160K+NOI 75K+ (owner uses at minimum about 13K worth of time annually.  2022 was much higher)Taxes: 8KInsurance: 10KRent is current $600/night and is being increase in January to around $750. 

They have been month to month for nearly 8 months and it appears they recently swapped out one of their roommates. 

These require swapping out SD cards so not the best option for a long term. 

If it's older then five years, I'm seriously weighing my options with replacement because modern appliances are junk.If you have the space, I highly recommend buying used appliances and storing them for a quick and easy swap.

We are in the middle of one of the 1031s in similar situation and swapped bay area investment with Florida new construction properties. 

I can introduce you to some folks, or we can swap stories and ideas over a beer downtown. 

Maybe you and him could meet up and swap ideas.

You could do a drop and swap where you dissolve the LLC, distribute the property to the members as tic and then you 1031 a property of your own to buy the tic interests of the other former members. 

If you're ever intersted in connecting and swapping stories, love to meet up. 

Commonly called a drop and swap.