This will let you capture equity as well as make it easer to cashflow. 

I capture the receipts as soon as I leave a home improvement store and it has saved my butt because those receipts pile up fast when you're in active renovation on multiple properties. 

Now that is a very high level example but the appreciation is not gone if that makes sense you will capture the ballpark same appreciation if the properties are comparable.  

If you’re selling and you’re going to buy another rental no matter what, if you probably do a 1031 unless you have almost no capital gain or depreciation capture.

People will start to realize that a law designed to protect against criminal international money laundering captures more innocents than anything. 

Instead of paying market for spot lots I create my own lots  and capture that equity.

We are looking to capture a rental or two and one of those possibly being another STR. 

It's a good way to marry rehabbing distressed real estate equity capture with long term note income for retirement accounts for those that are interested.

Often you are getting a pretty sizeable discount for your efforts, resulting in both captured equity and cashflow.The best ugly properties go quickly, so when I was looking, I got in the habit of searching daily.  

And we have the tools for cheap to capture carbon......