Thanks Jaycee,I think to start I am probably looking at a single family just to get my feet wet.

We didn't acquire a single buy and hold residential LTR the entire year of 2024 in Alabama. 

Most users of VRBO have one single 5-star review, thus our threshold is lower. 

Twenty of the the homes were BRRRR and two were full conversions from single-family to assisted living. 

I have 8 single family rentals in 2 single member/pass through entity LLC's. 2 states.

I have helped several investors recently acquire single family homes around the $400K price point that rent in the $2,200-$2,350 range.

Hello Michael,I echo Jon, completing a 1031 of a single rental into DSTs in straightforward however we typically recommend a portfolio of DSTs for diversification and financial objective purposes.

If you sell it, you get $250k single / $500k married exemptions from capital gains.Speak with a tax professional about how much you'll save in taxes by doing this. 

But if you are operating a single unit, realistically how long can you wait for that tenant to be caught up?

That's probably sound advice for single family rentals or flips.