I hope to have personal credit and tax issues resolved but I know that will be at minimum 6 to 8 months' time assuming no more medical emergencies or health issues.

Our current president is supposedly floating a policy idea of rent control to no more than 5% annually. 

Raleigh does require no more than 2 listings per house.

Thanks for the "no more than 20%" recommendation!  

No more 1031 exchanges for me.

After the process began, no more direct contact with the tenant except through my attorney or with another witness present... and only for necessary reasons.

In addition, the statute does not prohibit you from increasing your security deposits for new tenants between now and July 1, 2024, or even for existing tenants before July 1, 2024.Second, nothing in the statute prohibits a landlord from requiring and increase in the security deposit, each time the landlord increases the monthly rent, provided the security deposit does not exceed one month’s rent.Third, a landlord may still require two month’s rent as security deposit, after July 1, 2024, if the landlord has no more than two residential dwelling properties that include no more than four dwelling units.

The Fair Housing Act may not apply to the following types of housing in some cases:Owner-occupied buildings with no more than four units,Single-family housing sold or rented without the use of a broker, andHousing operated by organizations and private clubs that limit occupancy to members.Again, talk to HUD and see if you are exempt, then you can put this entire issue to bed.

The tried and true way is to purchase a off-market property, rehab for no more than 75% ARV, refinance to get your money out or payback the private hard money loan - start short-term leasing the property.

So if a property was offered at $500k, John might offer 2 parcels assessed value of $70k (cost him no more than $1k) and a seller financed note of $380k.