The real loser in the deal was the individual who gave his home way.

So whether you sell to their trust or to them individually it still has to pass from you in order to do the 1031.But even more you don't want to be in ownership when they pass so you can get the step up in basis and inherit the property tax free.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

Not sure if this is the case in your market but once we get into the fall time frame in my market the demand drops off significantly.

Just make sure to do thorough research and fully update yourself on the changes in the local market to ensure strong rental demand and solid market data.Diversifying your investments by owning multiple properties spreads the risk and helps maintain cash flow.

I'm not well versed in the tax code by any means but this whole depreciation thing seems like something that applies to some people based on individual circumstance but the gurus preach it to the masses.

You are also selling your own investment ("should support stable tenant demand"), but what is that based on? 

Finally, accountability is key, as we take ownership of our actions and results both individually and as a team, creating a foundation for trust, growth, and long-term success.

I recommend AirDNA subscription for picking and evaluating both markets and individual properties, a little pricy, but if you are taking the investing seriously and with a long-time horizon, definitely worth it in my opinion

Demand.