They have restrictions in place that place limits on days per year, occupancy, etc- but it's still doable (& profitable). 

It transfers your basis over into the new property including deferred profit and depreciation. 

@Douglas GratzWhat market are you generating 1000 profit per unit?

By leveraging our combined experience and Seth's market insights, we were able to secure the deal at a price that allowed room for renovations and a profitable resale, ensuring a successful investment.

Partner Driven was drawn to the Grapevine Dr property due to its promising location in Patterson, CA, and the potential for a quick, profitable resale.

Fix it up, rent for a year or two until it pops, than sell and take profits to buy a couple of the same type deals.

The property's initial condition provided a strong opportunity for improvement and profit.

@Ashley GuerraTo build a profitable portfolio in South Jersey, choose a single-family house (SFH) approach with closeness to schools and safer areas, or a multi-family home (MFH) strategy using FHA loans, seller financing, partnerships, or responsible leverage of family home equity.

Don't be afraid to take calculated risks and learn from your experiences, even if it means not making huge profits right away.

Do you want an education or a profit that warrants the effort?