While still allowing you to reap all of the benefits of real estate ownership including not just a return, but also capital appreciation, depreciation, and amortization of the loan (if you have one).This kind of transition is exactly what 1031 exchanges are designed for.

If you are referring to design, amenities, stocking and renovation, I have plenty of experience!

But we both are determined, have an eye for design, and enjoy the learning process. 

Hi Ali, The good news is because you have experience there are loan products designed especially for investors that require NO personal income or tax returns.

If you turn this property into a STR - do you have a budget for design, amenities, and furnishings?

I should have my plans from my designer soon and I will show them the plans.  

More valuable IMO is a real estate designation like a CCIM or SIOR etc. especially if you are focusing on a career as a RE agent.

My husband and I renovated and designed the condo ourselves, traveling back and forth from Cincinnati to Gatlinburg over the course of about 4 months.

Right now we are in the process of working with our architect to design the layout.

This project allows me to bring that vision to life, combining innovative design with How did you find this deal and how did you negotiate it?