@Grace Hartman I don't mean this in a negative way but you're in this situation due to lack of experience, terribly high contractor quotes, or a combination.

The neighborhood has some of the most prohibitive zoning and strong demand, exactly the combination that leads to good absorption.

Roth or traditional or combination.  

A bit of clarification on the larger property: "That large property also makes the same as the smaller 8-10 properties as well"Are you saying it makes as much as the the 8-10 smaller ones, or as much as the the 8-10 smaller ones combine.

I financed this deal using a combination of cash and a private lender.

I like the fact that you combine your target avatar to your investment target.

I was drawn to this deal because it aligns with my strategy of combining immediate rental income with long-term development potential.

The property’s potential for strong appreciation, combined with its appeal to high-quality tenants seeking modern living in a historic setting, made it an excellent addition to my portfolio.

The property’s potential for strong appreciation, combined with its appeal to high-quality tenants seeking modern living in a historic setting, made it an excellent addition to my portfolio.

Combine both strategies. 1031 into a small multifamily where you live.