The client was willing to gamble on furnishing for STR over LTR route and we were good for 3.5 years, then one day the man came and shut it down. 

If you are offering excellent services, you'll win and your clients will win too. 

Due to the income earned in the landlord account that goes to the benefit of the client, you should cut the check directly from the account through the bank and do as the law says, hand-deliver or certified mail.

Consult a CPA to align the choice with your retirement goals.This post does not create a CPA-Client relationship.

An agent can really help get more eyes on your property through MLS and their network, plus some agents have investor clients ready to go and can market it off-market directly to them.

I have experience working with buyer clients in the lakefront areas and also know how multi family works.

I am currently loving real estate and think including the journey on social media can educate others and market to potential clients as well.

What I wrote above does not create an attorney/client relationship between us.

Quote from @Bruce Woodruff: Yes I agree with Bruce, I had one done about 2 years ago now for a client that got me fully on board with having my clients do them all the time.

Consult a real estate CPA or tax attorney to assess if the benefits outweigh the fees and risks for your situation, and consider alternatives like 1031 exchanges or installment sales for simpler strategies.This post does not create a CPA-Client relationship.