You will have to 1031 exchange.

I remember working with a client a couple of years ago who wanted to do a 1031 exchange into Phoenix multifamily.. they had some numbers in mind, but no framework beyond “I want more doors.”

For me in 2023:No LLC’s, 12 properties in 2 states, only 1 state income tax, no w-2’s, a pension and a 1031 exchange.I was charged $1,275, up from 2022 when I was charged  $1,175 but didn’t have an exchange.

Total investment: $420k, with a 1031 exchange offsetting $300k. 

The first thing to know is that the 1031 Exchange Qualified Intermediary industry has no licensing or regulatory body. 

Possibly partner with a group but would only do money lending or group in exchange for gaining knowledge of how to independently do things.

China manipulates there currency and the situation to gain from such trade imbalance.

US dollar will stay the dominant currency.  

Lots of options as far as raising nightly rates as other STRs shut down, converting to MTR or LTR or doing an exchange to another state.

Investing in the US will smooth out some currency volatility if you are in it long enough.