If you keep growing, you can also keep more of your capital working by having access to funds that may or may not be liquid cash.

If you live in the property for at least two years, you can sell it without paying ANY capital gains tax (unlike traditional flipping).We've done this a few times, but almost every time, we end up keeping the home as a rental.

I have stayed at many STR and have never had security system that I have access to and it hasn't been a problem. 

The IRS has tended to look suspiciously at refinances right before your sale and 1031 as a way of accessing profit. 

I have seen instances where a 1031 exchange was not required such as1) The overall gain from the sale of the investment property was very small or even negative2) The taxpayer had enough passive loss carryforwards to offset the gain.A 1031 exchange is a very powerful tool put it has to make sense before going forward.

You do not get access to rehab funds until work is completed. 

There will be a consultation and assessment to determine your business goals, strategies, etc.Research to identify the grants that are most aligned with your goals and strategies.Preparation of documents using a checklist to simplify the process.Application submission.Follow up with you, the client for clear compliance and reporting expectations once a grant has been awarded to you.Here are a few resources for accessing grant funding:Grants.govUSA.gov/GrantsNational Institute of HealthSmall Business Administration - GrantsHave you utilized grants in your real estate portfolio?

Being in North Carolina gives you a great mix of in-state potential and easy access to nearby markets.As you connect with others, don’t hesitate to ask about any specific steps in wholesaling, flipping tips, or how to evaluate rental properties.

Then comes Chip and Joanna Gaines and their hit show "Fixer Upper".

Although they can't leverage the losses to offset non-passive income, like someone with REPs, there's still the opportunity to use the Suspended Passive Activity Losses to offset cap gains on sale or offset other passive income.