Here’s why I’m asking:Say we sell a short-term rental (STR) for $700K, with $150K in equity we want to 1031.

There are cheaper markets that your current savings would go further and possibly provide better opportunity (almost definitely in the short term).

I think the area is short on larger (4-5 Bedroom) homes that can really accomodate a whole family.  

I am not necessarily that new in the Real Estate industry because I have a place in Tulum Mexico, Condo as a short term rental. 

You can send a short response and then flag it as spam.

I am looking to grow the portfolio to short term rents in Daytona Beach, Florida.  

A mix of short- and long-term strategies could hedge against market shifts.Borrowing allows you to scale faster, especially if you can secure favorable terms.

A short term CD or something like that.

Properties in the Southeast of Mexico often offer ROI upwards of 10%-15% annually, especially in short-term rentals.Key Benefits:Tourism Growth: Mexico welcomed over 40 million international visitors in the first 11 months of 2024, surpassing 2023 figures. 

@Jason Baker I attended the University of North Texas in Denton, Tx shortly after high school.