Everything I have spoken of thus far is not in regards to water properties and cottages.

The cites and communities ringing the lakes are still affordable and offer access to fresh water and more moderate weather.

This approach allowed us to move quickly, securing the property and covering renovation costs efficiently.

@Mike Shahi Selling the home as-is seems the most tax-efficient option.

I could move that equity into other projects, including properties that would rent for more efficient rates (rentals in the 3/2 to 4/2 2000sf range here tend to go for about $2200-2400/mo).

Electric stove, dryers, water heaters, and high-efficiency Mitsubishi heat pumps.

Hi Caleb,From our experience, when flipping properties the most efficient ways to spend your money are the following:Focus on kitchens and bathrooms, as these areas consistently provide the most value for your investment. 

But you can shape your portfolio to become more passive or cash flow efficient or less exposed to local laws without having to pay the high costs of exit.  1031 exchanges allow you to move from any type of real estate anywhere in the country to any other type anywhere in the country.  

I have maybe 3 or 4 states in mind, I am trying to see where I could move that would be the most cost efficient for me.

(Trash, water sewer, landscaping, outside maintenance?)