You will learn to be efficient with your marketing dollars and time and the community is very supportive.

Zillow tracks all listings for all periods.

Very short seasoning period.

During this renovation period would you, as the lender, want an Actual Cash Value or Replacement Cost policy in place?

That's just life.We had a situation where one tenant had been living at our property for years with several other tenants below them over that time period. 

Before that I was a real estate agent for a short period, so I have an understanding of the market and researching properties.

@Eric Smith A 1031 exchange with a related party is possible but comes with strict IRS scrutiny and holding period requirements.

@Jeff Nash, noted the two year period. 

So you are better off finding someone who wants to rean interest on their money and getting a promissory note signed and giving them a 10% interest rate and having them give you a 15k loan interés only for a 12-24 month period.

First tenant was on a fixed income as a retiree, so I was hesitant to increase the rent after the first lease period.