If you are doing a 1031 exchange, you are exchanging one investment property for another investment property so you technically would not able to use it whenever you want because it would not be an investment property then and you may get hit with the capital gains.  

There are a few notable exceptions and we are happy to share our thoughts.

Unfortunately I was not able to build up quite as much capital as we would have liked before her stroke forced her into an early retirement.

There are several notable Non-QM lenders that offer reasonable terms on 5-8 units and very strong borrowers (with half the networth of the amount they're seeking to borrow) can go up to 29 units. 

@Peggy GarnaatI stand corrected, I was able to verify that you purchased a property with JWB a little over 2 years ago.In my opinion you overpaid for the property but if you are making money and happy with your investment - I am happy for you.I was able to verify that Pam also purchased a property with JWBI was not able to verify that Michael, Ginny, Linor or David purchased properties with JWB.

In your case, where your rental rate is $2300 for a 3-bedroom unit and the maximum voucher amount is $1650 per month according to local resources, there's a notable gap.

While the numbers check out great, it sucked, was stressful, consumed a giant pile of cash (cost about $15k more than we expected), and I asked myself about 38 times why the he!!

I focus on Columbus, Ohio, which has seen significant growth, especially with tech giants like Intel, Meta, Amazon, and Google setting up operations, driving up property prices and job opportunities.

This area is notably affordable compared to others in the city, with property values experiencing significant appreciation—increasing by 100% over the past 7 years.Thank you for any insights or advice you can provide.

Makes homes just look and feel like giant studio apartments.