Then the seller is holding a note for 5 years.

I work with mainly buy and hold investors here in Cincinnati.

Hi there, if you're open to holding onto the property, converting it into an Airbnb or short-term rental could significantly increase your cash flow, especially with the current demand for rental properties.

Look for motivated sellers off market and market via cold calling and or direct mail, geofencing, advertising and the like.A good wholesaler is as @Ericka Parrott mentioned, direct to seller, did good underwriting and can deliver an actual "Deal" whether buy and hold or flip. 

It's a single mom with one cute toddler that works her butt off to raise her kid, hold a full-time job, and go to school at night.

We plan to hold for another 2 years, and expect to beat our proforma handily.

Investment Info:Single-family residence buy & hold investment.

I realize I must hold onto the property for at least 5 years.Questions:I assume 1031 exchange is possible as in-laws qualify as an arms length transaction?

To buy to invest and hold? 

I've invested, buy & hold and built in the carolinas and Phoenix to me is much easier.