That said, if you're partnering with people for expertise and sweat equity it makes sense to partner.

Networking becomes particularly vital when investing in areas where you lack expertise.

Those who are keeping the loan in-house often impose more restrictions and tighter terms (called "overlays") than those who don't.Do you have a model in place to figure out a purchase price? 

With this model you use your 1031 exchange to purchase two replacement properties. 

According to my notes, we had a property under contract in December of 2018 and once the inspections were completed, you chose to back out because there was too many repairs and the numbers didn’t work for you and your business model.

STR is not my area of expertise, but I can tell you since November last year I've had probably 50 leads / sales calls with STR owners in the Kissimmee area looking to transition to LTR because their STR is not performing as well as expected.A lot of investors purchased during COVID times when during a time of inflated tourism and it has since returned to normal, but supply remains high. 

I'm confident someone with more expertise will offer more helpful insights soon.

For short-term rentals, I would follow the Airbnb workflow model as they have it nailed down, but would also love to learn what others have been using or working through.

I actually started flipping properties and then transitioned to wholesaling because it was the best-suited model for scalability for me.

For me, I don’t mind that model and I understand it.