Investment Info:SFR Buy & Hold Investment in Clearwater, FL.

In your second scenario you would eliminate all capital gain and depreciation recapture with the step up in basis.there is no statutory holding period that qualifies you to convert the properties. 

If you want to buy and hold, you will need at least $35K-$40K for the down payment.

holding ?

In 2017 we started our journey with long-term buy-and-hold investment properties in the Memphis, TN area after selling a property that we were losing money on every month in NOVA that we purchased as a primary residence in Jan 2007 (talk about all-time bad timing) and then had to move with the Navy in 2009 (2nd all-time worst timing).

Pros will buy it and hold.

It’s great to see that you're interested in flips, long-term holds, and multifamily/commercial investments.

I’ve seen folks panic and act like they’re about to be stuck holding a ticking time bomb, but if you structure the contract properly, give yourself a decent inspection or feasibility period, and understand local investor demand, you’ll rarely end up empty-handed.

If my goal is turnkey/buy and hold properties, should CoC really matter?

Did they hold them up at gun point?