- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.14 properties - presume these had to have been single families.Oh, I'm modifying the original post to mention leaning toward creating a trust which we manage..so we would own very little yet manage the trust which owned investments and such.Here is what I understand/misunderstand (better or worse) on moving every 2 years (as we are open to that albeit pia.) • Multi-unit would only support a %, so a quad would 25% and prorated over all years of ownership....witteling advantage to not worth the effort. • Single unit properties get pro-rated.

I am seeing a trend in CA that ADU construction is more cost effective (per unit) than buying on the market by a long shot.

Hello, BP famI wanted to share some of my research on new construction data in Maricopa County over the past 3 months!

Knoxville isn't a luxury market. widen the gap and do new construction. find infill plots of land in better locations and have more control. work closely with a builder who Is working with investors. we have flippers who did hundreds of flips then they graduate to new builds and say it's much easier. if you have the balance sheet you'll be fine. budget 20%. new construction commands a 20% premium and is much easier to duplicate Over and over and much less risk. 

I would like a book or program recommendations in order to learn how to purchase and manage the extended stay hotel.

I think it would be beneficial to set up your own management company to manage your assets.

I have a mobile home park in Idaho which will have an onsite property manager.

Any constructive advice would be much appreciated. 

Commercial acquisitions or new construction?

.- I would highly suggest you plan on using a property management company.