Holding is doable but it depends on your financial position, with a refi you'll have costs to do that and your numbers would be different.

Give the 90 day notice now and prepare to possibly go to court for a hold over tenant.

Don’t ever invest and hold.

If your goal is to buy and hold for a long time, you need to consider factors other than just cash flow, like appreciation. 

(I don’t do STR deals so my comments are more about long term buy and hold residential RE.)Data by its nature is historical - it’s a lagging indicator. 4 years ago the Southeast was the place to be.

buy/hold strategies). 

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

Rentometer has avg rents at only $1067/mo so I'm also not sure about paying that much for such little rent for a long-term hold perspective when from what little research I've done you can get more elsewhere for the same buy price - maybe someone looking to park money for tax purposes or an all-cash deal hoping for a big upside? 

My exit strategy is to hold the home 2-5 years and to purchase another home with the new equity I would have achieved by renting the bottom portion and with market appreciation.

You can use the 1031 to sell a larger unit that provides better cash flow while minimizing active management.You can either try to cluster those sales together so they close in a way that lets your replacement property be listed on each 45 day period and you close on it within 180 days of the first sale (the first exchange that will expire).Or you could do something like a reverse exchange where your Qi purchases the new property and holds it for you for up to 180 days while you sell all of your properties.