Today, for example, I had to leave work to run a toilet to my plumber because when he took off the old one, someone had done a hack job on the remodel plumbing and damaged the flange and we actually needed a smaller toilet than was on it (10" instead of a 12").

I spent years there in Jackson did probably 1000 flip loans to locals and owned at one time 200 sfrs..

What they are currently using the home for (renting by the room vs renting the entire house to one group) isn't your concern.

Then generally the best advice is to buy in the best area that you can afford, even if the cash flow isn’t as good in year one you will get more market appreciation in equity and rent growth in the better area.

In this case, correct, 1031 exchange is not available. 1031 exchange is property for property, and an interest in a partnership normally is not (with a few rare exceptions, so you may want someone knowledgeable to give you a second opinion for your particular situation, which requires reading your inheritance documents.)Whether or not you have any mitigation strategies totally depends on your specific situation and requires a one-on-one. 

I have one big parcel zoned at Santa Cruz County R-1-15 after building an ADU recently.

They don’t dwell on one deal.

Quote from @Jerry Velez: Hi Community,I have been thinking of some creative financing ideas and this one has been intrigued.

There is so much that goes into buying an STR, especially your first one.

:We use the cheapest ones that they provide at Lowe's, our handyman installs.