@Ryan Cousins it's really going to depend on YOUR analysis/projections of what you think the property will be worth in the future.You'll want to compare that to any capital gains tax-savings if you sell now.

I would run this by your realtor/property manager to get clarification.

Is it possible to have a property manager who manages some of the property, while I manage the rest remotely?

. ;-)Some things come to mind-do you host yourself, have a property manager or co-host, is your STVR dog friendly, do you have king beds, where is your market, do you have professional photos etc.

I am just a beginner wholesaler so I haven't done much marketing/lead management yet.

I had a project last year that a sub hit a conduit that was marked out and the utility made a claim many months later.

We've closed had a few luxury/jumbo STR's that way, where the revenue is surpassing projections. 

Old post but I figure I would comment here... my Company, Maven Cost Segregation has done studies on projects like this.

Our goal is to bridge the gap between real estate investors and tax & financial advisors who truly get the nuances of REI.This tool is all about connecting folks like you with advisors who aren't just about managing investments or doing basic tax returns.

Projected sale: 950-990k Replacement property budget: 990k - 1.1M Plan: rent out the replacement home until meeting the requirements, then move into it while renting out a portion of the home via short-term rental