And for the short term goal, do a house hack as you have planned.If you need any more direction send me a message.

The area had appreciated substantially in a short amount of time.

This WAS commented on (thankfully privately) when I stocked Aldi toilet paper.

Was thinking it could be good for a short term rental or maybe just renting out a single family.

There is a long laundry list of required repairs to be done in a short amount of time.

I don't think it's the end of the world @Jonathan Greene...if it still helps someone learn something new there is at least some positive.In my opinion, those trolls will get seen for who they really are in the long run, so it is just a short-term play...that I don't know is worth worrying much about.I'd rather someone say, "Here is a question we often get asked as a general contractor: how much does it cost to dig down a Chicago basement?  

They will probably stick to that for a short period and then go delinquent again, but it's much easier to deal with if they violate a payment plan in most cases and at least you get some of your money back.They might be a professional tenant.

But I am now.In the past few years, my wife and I have done a couple of house hacks and two short-term rentals.

The 1031 exchange is a federal tax code and is not state specifc so you can exchange in and out of any state and in and out of any real estate investment (no flips or stocks).

Once I hit that goal I'll take stock of how much I like scaling real estate vs. how much I dislike my job, and make a call on retiring vs continuing to scale.Your goal is both hard and very realistic.