Their concept is not new and has been around for ages with people renting rooms in college towns and more expensive markets (NYC, LA) however this is a centralized more hands off management approach to self managing by letting them do all the heavy lifting for you which allows you to scale in less time so yes the concept definitely works and even better with their technology behind it.

A 1031 has a definitive time frame and you may not be able to find another property that meets your criteria in that time frame depending on location. 

I will definitely reach out to my lenders there and see what I can do. 

People have definitely gotten smarter with the cleanup and I had the same problem in one of my units. 

Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?

If you know the bones of the transaction, it will definitely benefit your investing career.

RE investing definitely isn’t rocket science.

Mid-term rental and BRRRR strategies are definitely solid approaches to start with.

His story was, he failed in business 2 times and figured it out on the 3rd go around. 3billion later i got to take a picture with him.Since then I havent went to another training, course or weekend event. only working to unpack the information that I picked up to be useful so definitely no argument there. 

They're definitely still out there, they're just a bit harder to find but it's just really about having a good contractor that can get you accurate quotes for how much the rehab will be and an experience realtor / broker who can give you accurate ARVS for what the property will be worth once the work is finished and helping you find these deals as soon as they hit the market, or has a good source for off the market properties that might be viable.