@Drew Slew If you’re not comfortable with the constraints of the 1031 don’t do it.

Nothing wrong with this - it could actually be a home run of a market, just make sure you are comfortable with your underwriting.I suggest buying data for your market on Pricelabs specifically ($10-20/ mo - worth it).

I haven't looked into it yet but I like that I have this option.2) when I'm gone the policy value will go to my loved ones avoiding probate - direct check to beneficiaries tax free.3) if I do borrow from the policy its not 'free' - you'd have to pay interest, but if the reason I'm taking it out is making more in returns than the interest I owe, it is essentially free to access.4) general comfort in having the policy - just make sure to keep it active by making all payments on timeIts kind of like your own line of credit (LOC), no?

Would love to connect - we've published a couple of articles recently on this exact topic - helping real estate agents get comfortable with investor topics /etc, hopefully they will help and I would also love your feedback

We are talking FAT FIRE here retire not in that double wide but super comfortably.

I could sit and tell you all zip codes I am comfortable buying in but Akron like many cities almost changes from block to block.

What strategies are you comfortable using?

I enjoy having a day job (weird, I know) and am just looking to set my future family up for a comfortable life financially!

Regardless we lived in LA about 9years ago and don't feel comfortable going to another state.

For those STR operators and investors that are not comfortable self managing (communication with tenants, scheduling cleaners and organizing supplies) one option is to hire a designated full/part time employee.