Have your agent start to look for properties that will do the 1031 now.See my comments in recent post. 

When we looked at purchasing a fulling running B&B it was more like 30% with a bunch of criteria we had to meet.Check out this link - https://www.sba.gov/funding-pr...The 504 is for large investments that drive job creation.

Investment Info:Single-family residence buy & hold investment.

I own a primary home in CA and looking to buy an investment property home.

So, if you start with a duplex, your next purchase could be a triplex or fourplex.

I’m starting off wanting to get into a primary residence that I plan to house hack and then figure out the next move into investment properties but that’s down the roadwith all that said, are there other ways that im not thinking of to 1.

Starting to research Uruguay to invest and as a 3rd country to live in.  

The IRS may challenge such transactions if they appear to be step transactions or lack a legitimate business purpose.Here are some things you might be interested in / want to consider:As @Andrew Kubik mentioned, since the property is now an investment property, you could consider a 1031 exchange to defer taxes.

For a true investment property, you'll be lucky to make a 10% IRR...so it would probably be better to invest that money in a 401k or 403b instead.

I’ve been involved in real estate investing for over 30 years, so if you ever have any questions or need guidance, feel free to reach out.