In addition, due to the 2 of 5 year rule there often is no need.  2) you cannot 1031 a property that has not been put into service to be an investment property 3) you cannot 1031 a flip.  

Each area has its own rules on how it works, but basically, you buy the house, pay a deposit and agree to rehab the house within a certain amount of time.

@Joy Daniels I have one of my STRs in that market on Anna Maria and each “city” on that 7 mile island has different STR rules.

I invest in about a 50 mile radius from where I live.

(eg: installment payments over 50 years, having the balance balloon upon his passing, etc). 

Since you're moving out, you’ll likely lose the homestead exemption, which may increase property taxes—check local rules.

Offer a great first-stay experience with thoughtful touches like welcome gifts and clear communication to earn those initial positive reviews.For Big Bear’s rules, stay on top of local ordinances—maybe even connect with other hosts for advice.

Columbus Ohio is a great market to still find the 1% rule and positive cash flow and has huge appreciation potential.

The flush mount hinges are about $8 for 2 at the box stores and I think I’m getting boxes of 50 for around $60.

We do live in a small rule area where properties are a little cheaper, but so far it’s been very difficult to find something that seems to pencil out.