And you'll have a solid W-2 income to help you qualify for loans. 

Therefore, you don't need to use a 1031 exchange; you can take as long as you wish to find and then buy another property.The only exception is if there is debt on a property, in which case there will be some UBIT (Unrelated Business Income Tax) implications.

I am not opposed to making this my primary method of income either.

It will be an STR with no personal use  Background: high income W2 job, no primary home (ADU on family's land property, happy twith this) so can't get umbrella policy with most insurers as they want auto and homeowners for primary home before offering umbrella  Quotes from foremost and proper.

They will do what they have to, to get their rent paid.As long as someone has a good, solid, verifiable income, I wouldn't hesitate renting to them. 

Quote from @Timothy Villa: Hey y’all just heard about this community and wanted to utilize it to grow more knowledge in how to have real estate help me with earning passive income. 

If you can’t do a 1031 to a non-income tax state, figure out a year when you will have lower income and tax rates ar as low as possible.

Reading thru Vail Resorts annual report the other day and looks like they loose money. 

Annual STR revenue for 4bed 4bath cabin is estimated to be about $45,000.

Look into DSCR loans, which use rental income for qualification, allowing you to scale without relying on personal income.