BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

If so, I always recommend getting the study done prior to rehabbing.

Hello Michael,I echo Jon, completing a 1031 of a single rental into DSTs in straightforward however we typically recommend a portfolio of DSTs for diversification and financial objective purposes.

He browsed through the lease and recommended to use the 60 day notice clause in the lease to send a lease termination notice.

Joe, can you send me the recommended companies that offer 721 into a large and diversified REIT!

What has your CPA / Financial advisor recommended?

@Tove Fox hope you find this copy & paste useful:)-------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Here are my recommendations:1.

I would like a book or program recommendations in order to learn how to purchase and manage the extended stay hotel.

To get started - I’d recommend connecting with local STR investors and researching Hawaii’s regulations.