Essentially, instead of selling a property and paying taxes on the capital gains, you can reinvest the proceeds into a similar property and defer the taxes.

Consulting with an experienced eviction attorney in Seattle is essential to confirm their status and to ensure you’re following the correct legal process for removing them, if necessary.Disclaimer: I am not an attorney or an eviction specialist, so this is not legal advice.

What is essential to me is to understand  one piece of transaction I discussed in OP.

New drywall, mechanicals, windows, electrical, roof, siding- essentially new from foundation up. 

Having a team in place is essential to long-distance investing.

It is easiest to see this principle in bonds.The 10 year bond has a higher yield than the 3 year, which has a higher yield than the 1 year, which has a higher yield than the 3 month.

The penny pinching and essentially slum lording of STR's at least in my experience is over. 

I think this principle applies to everything in life.

The same principle applies to real estate syndications.

any ground up dev. is the highest risk project *whenever* there's interest rate volatility regardless who is the sponsor/executioner would be.These are just so basic principle.... even ground up dev project in 2019 is losing value right now due to higher rate.