We were trying to buy a lake cottage to rent as a VRBO.

My sister is renting a 4 bedroom condo in Dewey, ocean block, for the full off season for $1000/month.My grandparents had a cottage in Fenwick, so I grew up spending summers there.  

looking for advice: as part of my husband and my imminent divorce settlement, I will be receiving full ownership of one of our LLCs which owns 2 properties: 1 in MN -4 unit apartment bldg and 1 in WI -seasonal summer rental cottage through vrbo.

WELL worth the minimal extra expense in the long run.I burn toast, but I can find a guy that makes one hell of a grilled cheese! 

I am closing on the sale of my rental property (a two family row house) and weighting my next options: cash out and pay the capital gains tax for my next home or find another investment property for a 1031.During my initial research I found a particular property that has a main house (where my family could potentially live in), a small cottage that is currently being rented, and a three car garage with two apartments.Would this qualify under a 1031?

I'm currently completely redoing a little cottage (1,000 sqft including walk out basement).

My units are pretty upscale small cottages but there are also a lot of people looking for less expensive more utilitarian STVR places, and also a number of people looking for a month to three month cheaper furnished rentals such as traveling nurses.Clearwater would be a great area, I think.

The original interior paint was Dunn Edwards cottage white, 15 years ago.Home Depot is a lot cheaper than DE, is the paint color going to be the same?

Laura,  those inspectors reports have as many holes as a cake of Swiss cheese, they give themselves many way outs from liability.

She had a two family, a cottage and a garage on one property a block from the bay.