I’ve done my research with (reading books, podcasts, etc) but still feel like I’m not doing enough.

Quote from @John Warren: @Mordechai Chaimovitz cap rates and NOI are commercial real estate terms, and 1-4 units are not really valued in the same way.

A 1031 exchange allows you to defer not only the capital gains tax but also the depreciation recapture tax, which can be at a higher rate.If you have any further questions or need assistance with your 1031 exchange, feel free to reach out!

You’re right about the value of leveraging equity strategically. 

Battery Park City Exchange (New York City): The city of New York engaged in a land swap with the Battery Park City Authority, allowing for the creation of a new public school and affordable housing units in exchange for a parcel of land that was then developed into a high-value commercial property. 5.

@Izraul Hidashi I’m not claiming to know how the entire banking system works but I feel that I have a pretty good idea.

I do have a silent investor, but when it comes to securing funding, it often feels like I’m navigating it alone.

Let's say you paid $250k for it, and it's now market value $500k.

This might give a one-time (non-scalable) boost to cash flow, offer multiple value-add options, and allow the house-hacker peace of mind, via the assumed mortgage, in long-term breakeven or positive cash flow in the event that the value-add plans end up not being executed, and/or the person has to move out, and rent by the room or STR become unavailable for some reason at a future date.

Feel free to dm me if you want a 3rd opinion on your home.