I’m a contractor with a couple single family homes for rent.

@Kezia Edmonson Yes, you can use a 1031 exchange to defer taxes on the sale of your single-family investment property when purchasing a multifamily property, but only the portion used as investment (the three rented units) qualifies.

Family just wanted to get rid of it.

Unless you have boots on the ground there (friend or family, not the agent), it will be very hard to manage.

Investment Info:Single-family residence other investment.

Areas close to BlueOval City will likely see an increase in housing development, including single-family homes, apartments, and short-term rental properties for contractors and temporary workers.

Quote from @Jefferey Eutsay: I'm considering making an offer on a 36-unit multi-family property.

I already talked to one who helped me find my current single family home and she said she could help me find a multifam.

Zillow also hs a "Make Me Move" feature you can click on to see home owners listing their property in hopes of a good offer.I have also seen peopl reach out tp local AFL Assisted living facilities to talk to the Admin or on boarding nurse to see if ay families or people need to sell their home to cover costs.

We took them to arbitration, but they did not participate and we found out they closed their offices and I believe the owners are no longer residing in Florida.