@Mike Wesling @Marvin Herman It seems Branson is good place for vacation rental, only concern here is regulation risk from the city?

There are hundreds of hotels and resorts, with better location due to city regulation. 

What the does the below regulation mean?

Quote from @Chris Mason: It's not 2021 any more, at this point most things you can make up out of thin air, some lender will do.The question is if you want to pay the corresponding rates and fees....Very true, especially since the DSCR space isn't regulated.

Lot of these common misunderstanding is coming because folks are saying loophole/opportunity for tax terminology and tax regulation.

On the same note I have tried to get her to invest in other properties with me and she is terribly risk adverse and just can’t stand the thought of having her name and credit being attached to a large mortgage even though I have explained numerous times about how the bills and mortgage payments are made by the rent payments. 97% of the time she continues to be supportive of me pursuing the real estate on my own and has been supportive of me retiring from my job to pursue it full time.

First with a metro market you need to check the regulations and then also run your numbers and make sure it's profitable.

Again, check your local regulations, but you could theoretically get those rents up very fast.

It is important to consult with a tax professional or attorney specializing in 1031 exchanges to ensure that your friend's specific situation and intentions comply with IRS regulations.

As a landlord with numerous Section 8 tenants, I can attest that participating in the program can be a great way to secure reliable rental income.