They can provide you with detailed information on their rental income calculation methods and help you understand how rental income may impact your ability to qualify for a mortgage.Additionally, working with a knowledgeable real estate agent and mortgage broker who have experience with rental properties and relocation situations can help you navigate the process more effectively and ensure you find the best solution for your needs.

The key thing to know about doing rental arbitrage is the thing you're missing out on is the ability to deduct appreciation of the property itself since you can't depreciate assets that you don't own.

For investors and buyers, this means broader access to global markets and the ability to make informed decisions faster than ever before.Smart Property Management: A New EraTechnology's role in property management has transcended beyond mere convenience, becoming a critical component of operational efficiency and tenant satisfaction.

Examples - owner occupied loans for house hackers, specific market knowledge (ie - friend of mine that ice fishes and bought a short term rental cabin in an ice fishing spot that you and I would never know of), ability to do renovation on your own or cheap, contacts with local companies or organizations that would be a tenant source for mid term rentals, ways to source off market deals, etc.Whatever it is, figure that out and get started.

Also with a healthy outside income the ability to use credit would also be strong.

Tax Deferral: Like DSTs, the primary benefit of a 1031 Exchange is the ability to defer capital gains taxes on the sale of investment properties.

Though as you mention, there are times when a PM is necessary - whether it's personal or professional reasons, some people just don't have the ability to be available for random guest messages.  

No one exactly knows what the future holds, but if I had some upside (i.e. ability to increase rents) on this deal I would take the calculated risk as I believe we'll see somewhat lower rates within the next 5 years.  

However, it's crucial to comply with IRS rules and limitations regarding passive activity losses, which can affect your ability to deduct rental losses against other income.

It’s not perfect but it does offer State by State leases and the ability to collect payments easily.