If you are set on your strategy of just adding 3 more rentals then you should probably leverage your network of lenders and discuss best options with them to free up some cash for more investments.

In some very attractive markets like coastal cities I can see it being worth it not to rent the unit or rent it only under very limited circumstances in the low season because the high season is just too lucrative to allow anything to affect those bookings.

Maybe she will sell for less, but I suspect you'll have to convince her that she benefits from the transaction somehow.Usually, a title company expects a written purchase and sale agreement first, before they will do a title report and they need to know the sales price in order to set the coverage.

Building a network here can open doors to partnerships, mentorships, and local insights.3.Explore the Blogs and Podcasts: BiggerPockets has tons of content—blogs, podcasts, webinars—that cover everything from beginner strategies to advanced investment tactics.4.Utilize the Deal Analysis Tools: If you’re considering an investment, the deal analysis calculators are invaluable for running numbers and understanding potential returns.5.Set Clear Goals: Define what you want to achieve, whether it’s learning a specific strategy or connecting with certain types of investors.

The ideal strategy for you depends a lot on your network and skill set.

Personally I’d do a 1031 to save $40k, I’d skip the LLC, increase the limit on my umbrella, and call it a day.

The properties are limited to certain areas of the cities.  

Hey @Otis Clayton,Partnering can be a fantastic way to scale, but setting clear expectations upfront is key.

@HaiderFord is also talking about the impact on Memphis.Here is an article Ford put out 12/24https://fordauthority.com/2024/12/ford-blueoval-city-set-to-...

For example North Carolina is $40,000 or less, Texas there is no limit, and so on.