I believe they also used section 121 for the house portion of the farm that they lived in, and divided out the income-producing part of the farm for the 1031.

Do you think the lot is more valuable sold as a 51 acres or divided into 3 17 acre lots?

It is your net cashflow divided by your net proceeds (minus realtor and other fees). 

The single bedroom apartments must be about 1488 square feet from my calculations because 35,719 square feet divided by 24 is 1488 which is quite large for a single bedroom apartment..  

The house im looking at is 888 sqft so i added the two sqfts of the houses that sold divided by 2 and then multiplied by my sqft (which is 888) and got and Arv of $364080. and im assuming the rest of the renovation is gonna be around 30k?

Each STR property I acquire must meet two financial benchmarks: a gross rent multiplier (GRM) of 5 or less [Property value divided by projected income must equal 5 of less], and compliance with the 1% rule as LTR, which serves as a backup if regulations shift or if there's a decline in STR income.

If you get down to where you are thinking, "We might only own this for 2 years" those expenses don't get divided up by many months and could impact the analysis of what is smarter to do... because you will probably pay double those fees when you sell it.  

so again wholesaling is only a method in the big world of real estate and it’s part of real estate a big part of it actually so it’s best not to just ignore it it’s like knowing everything about math but you never learned how to subtract but you know how to divide you know geometry and you know how complex trigonometry but you don’t know how to simply subtract that is almost equivalent of ignoring the art of wholesaling real estate.

I would have to go back and look at the costs and then divide them amongst my properties to figure it out but right now I am paying for the following subscriptions:Guesty for HostsRing CamerasPrice LabsHostfully GuidebooksREIHubZapierSignNowWhen I purchase one of these subscriptions it is usually based on the criteria of how much time can it save me, or how much additional revenue can it make me, or how can it improve my business.  

However, when you rent out a portion of your home, you need to make sure you're properly dividing any expenses you pay to maintain the home between personal and rental uses.