@Feroz Penangwala I’ve slowed some due to financial constraints.

I assume that the main advantage is being able to buy the property without the 180 day time constraint? 

Would they be able to defer a good amount in taxes, to be worth the hassles of the 1031 exchange and the time constraints on the purchase?

Also, agents will use lots of disclosures for the buyer to sign to acknowledge what the constraints are.

However, the high down payment and reliance on a DSCR loan could limit flexibility, especially with your DTI constraints.

I currently operate a few STRs so have a good understanding of that aspect although they're all located in touristy locations.

As you said, this allows you to track LLCs (locations) and properties (classes and/or customers).

Proximity to Major Northeastern CitiesBuffalo’s location near major urban centers like New York City and Boston makes it an attractive alternative for buyers seeking more affordable housing without sacrificing access to urban amenities.5.

@Polat CaglayanI've never seen a formula but here is a general rule of thumb for multifamily:The class of an apartment refers to the quality of the building, which can be determined by a number of factors, including age, location, and condition: Class A: These are the highest quality apartments, typically built within the last 15 years.

I have a property (fix and flip) under contract, but now, shoot, the REAL work begins.I am located in Milwaukee, WI, but my property is in a near suburb of the city.