The question: A commerical property in a highly desireable location which could fetch $6+ million and generates about $400k after expenses became available and I'd like to add to our portfolio instead of doing a 1031.

UBIT is generated two ways.

Do you see these as a way to scale up in size of investments (and to consolidate several properties into one perhaps) and to make the income generated from them as a more passive income stream.

Where are you generating leads and for what end? 

A vacation rental could generate higher returns but requires more active management.

3) How flexible is the contractor about meeting at the property for their inspection to generate a bid? 

DSCR loans focus on the cash flow generated by the property rather than your personal DTI.

Additionally, Airbnb income during this period could generate steady cash flow, though market conditions and regulatory risks should be considered.

Tyler local, so sparked my interest whenever I see anyone post about the area.Given that your duplex is fully paid off and generating a steady cash flow of $1400 per month, it's understandable that you're having second thoughts about selling it.

.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.