@Erich OertelRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Although my spare time to complete such projects follows seasonal work highs and lows, it would be smart for any type deal I consider to involve adding value myself to the property.With at least 100k (possibly up to 140k) of equity in our home, I have done a fair amount of research in HELOCs and refi.

If it's a layered LLC, most lenders will need to trace a warm body on the operating agreement which will involve a bit more paperwork trail.

I have resolved to not apply for another personal card, but the Chase points are sure appealing. 

Only one of these methods involves "saving" money, and most BP users don't pay enough attention to it. 

Do you guys still apply that rule?

@Bryan Cavellier, You can 1031 with any US property including Guam, the USVI and ...drum roll- The Northern Marianas Islands (go figure but I actually had a realtor from there in a class of mine recently) into any other US or one of those territories.  1031 is a federal statute so it's applied the same in all locals with just a few variations state to state at the state level. 

You'll quickly see why AI is not the solution here... not only will it give you a random number from a site that posted it, but it will hallucinate and draw quirky assumptions into the mix like oh based on this % appreciation and applying it forward/backward, etc.

.: Quote from @JD Martin: What I would probably do is just set up an LLC or Trust involving your kids such that the property and benefits were owned and distributed by the laws/rules governing the LLC or Trust.

Based on all the books I'd been reading, this seemed like it should qualify as a "good deal" but I was not convinced it would apply to manufactured home which led me here.4.