It's 2 properties, single family homes, in the SF Bay Area.Sharing some details that might help inform the decision, let me know if anything else would be relevant.One property fully paid off, generates between $20-30k in profit after expenses (property taxes, hoa, insurance, etc).The other property is our current primary residency and would operate at a loss of about $10k/year.I plan to travel back to the US at least once a year, could that be a deductible expense with an LLC? 

@Jake SalisburyReal Estate has several wealth generators: Cash-flowForced AppreciationMarket AppreciationDebt-PaydownTax-BenefitsI look at Cash Flow and Forced Appreciation as a hedge against market corrections.

Real property does not have to generate revenue or even have the foreseeable prospect of generating revenue in order to qualify under Section 1031. 

If not, generate cash and build credit profiles for free i.e. 800 FICOs and 80 PAYDEX LLCsbecause when you need to raise money, the more options the better.If you need any advice on building credit effectively on the cheap,feel free to reach out :)This is my opinion and I'm not licensed,John Acheson, MBA

You aren't really generating wealth, you are generating cash flow.

We’re aware of stuff going on with generative AI.

Hi, can you provide more detail about what you mean by "lead software to use to find property" - do you mean like lead management software / CRM to manage your leads that you've already generated? 

i have single-member LLC rental generating income on the side operating as STR.

Focus on something that will generate additional revenue, right now you will be chasing it

@Tyler Brobst, the generation of income even though you have moved out is one good piece of documentation showing that you are using it for investment purposes.