It's a great temporary measure to purchase the new property quickly, but you really should be looking to pay off the HELOC fast, like with a mortgage on the new property.

Or you'll end up selling those positions fairly quickly and then negating the temporary advantage of the deferred tax from the 1031. 

Since they are not pets but are needed for medical therapy and emotional therapy dogs.

@Mila F. top of my least favorite tenant list, I suddenly need emotional support. 

Way better than having g and ESA emotional support animal.

This is a personal opinion of mine, but I have never been a fan of temporary buydowns.

The husband is a pretty emotional person, he kept saying that all the memories of his kids are in that house, and he would not be able to sell the place!!

Especially when so many people hopping on here want to give the exact same emotionally-charged, offended, and "personal" opinion over and over...and over.

It is often too difficult emotionally or mentally exhausting to give up their previous home.

MTRs can offer a nice balance between the steady income of long-term rentals and the high cash flow of STRs without the constant turnover.In terms of locations, I've noticed that areas close to hospitals or corporate hubs tend to do well since travel nurses and professionals on temporary assignments often seek out these rentals.