Plus, having a fully paid-off property could be a nice safety net if the STR market takes a hit or occupancy slows down.On the flip side, if you’re eager to grow, saving for another property could be the better play.

Quote from @Collin Luckett: I have a couple houses I’d like to put under contract as fix and flips and would like to you private money lenders to help fund.

I know depending on where an investor is in their fix and flip journey and the market this will vary, but Im curious because I feel like this is important when it comes to a good deal since some investors might not mind making less to have more doors. 

If you're tax bill is $6-8k (minus the 1031 fees), surely you can make that up by taking multiple swings over a longer period of time.OR pursue some sort of owner occupied strategy with that cash if you can swing a live in flip or house hack.

Unless you want to start selling real estate for a career, there is no need for it.

I will also say that the majority of our clients focus syndications (even if it's through a fix and flip fund) given that it is just much more scalable than doing one-off raises. 

The investors with the most units and most experience could just as likely be in flip flops and a Jimmy Buffett shirt as jeans and a polo.

I grew up in the real estate industry watching my father raise money with a PPM for large multifamily value add projects and a developments.

I have bought and sold several properties across Chicago and Barrington area over the past seven years, and was a real estate agent for 2 years in my early twenties.

I flipped and did some buy and hold when I lived in Florida.