Meanwhile, a regular 1031 can be less complicated to manage if your main focus is simply deferring gains.Considering how property values and financing rates have shifted these past months.. do you think an OZF might be a better strategic move than a 1031 in your situation?

Alternatively you can do the LOC (line of credit) on it so you can retain the home but are definitely subject to today's current rate environment.

The only person getting rich was my loan broker.Then, I dropped my broker and switched to dealing directly with Chase Bank.

There are a lot of options out there, but the rates are excruciating right now for new flippers.

The higher interest rates make it that much harder. 

However, since market shift / rate increase even these guys have slowed down quite a bit.Regarding regulation, I think eventually Indy will have to regulate against Short Term Rentals.

I do not see that home prices have dropped 2-3% and this is a lot of added savings in additional to a downpayment if so. 

If rates drop in the future, refinancing again could lower your payment, but it’s good to make sure the numbers work now just in case.

Quote from @Chris Seveney: Quote from @Keith Wilson: Any feed back is welcome  Have not taken the course but BRRR is basically dead right now due to interest rate environment - so if you take it I am not sure you can implement any training you learn at this time.  

It earns more risk-free in money markets than your mortgage rate probably.