At 1031 Capital Solutions, we have daily conversations with landlords contemplating selling their rental properties, many of which are single-family homes or small multi-unit residences.

If you're not careful, the administrative requirements can trip you up—but when done right, the savings can be well worth the effort.For those of us scaling our portfolios or actively managing real estate deals, the conversation about structure isn’t just theoretical—it directly impacts how we protect our wealth and position ourselves for long-term growth.What I’ve found is that many investors don’t realize how critical their personal credit is in setting up these entities successfully and accessing the funding they need to operate and grow.

I wear two hats in this conversation: as a licensed agent, I have a fiduciary duty to my clients to ensure their best interests are always prioritized.

Cheap hands off legal ADU garage conversions in coastal So Cal start at ~$120k (if all goes well).  

Conversely, don't invest in a deal you really like if it's run by a subpar sponsor. 

We see it all the time with the conversations on what cars/vehicles folks drive :) here in BP there is a badge of honor to drive a 20 year old 250k mile car/truck :) Myself I saw my dad do some of this although he never got to the utra wealthy stage by a long shot but made good money in RE however it was not until he bought old style timeshare in Maui that he would finally take a vacation..

In fact 99% of my leads and conversions have been from there.

Along with this conversation, are there certain contracts to use with mobile homes? 

I went through the academy and had a great experience personally.Everything is constantly updated, community very active, and most importantly, they actually coach you 1:1 and help you make important decisions.Michael is a super transparent dude, shows us all of his numbers, and after an hour conversation with him, you can tell he’s actually an expert with STR’s.

I would love to have a conversation some time and learn more.