I like to get my eyes and hands on the properties as frequently as I can.

Let your tenants know that repeated violations may be grounds for termination of the lease.2.

But for the second one being able to visit will make things easier especially during contracting time. my first airbnb, I wasn't around and construction took a while which left me with the feeling that I should be monitoring and visiting the location more frequently. additionally, my main goal is covering my w2 taxes via the short term rental loophole.

The most frequent complaint about the 1031 process is the short time frames of 45 days to identify your replacement property and 180 days to close the purchase. 

My thinking is that with a price to rent ratio like that I could hire a property manager so I don’t have to frequent the area and am a couple house hacks away from being able to cut back to part time.

When you mentioned pulling out $110k, that’s the perfect snapshot of how equity can turn into future deals without selling outright.So, if you were to rinse and repeat, would you still go for another rental thta’s already turnkey, or would you look for something you could add value to?

This is a very fluid exercise and SHOULD be done frequently so that you know you’re making progress and can shift your goals as life develops.

Rinse and repeat...

If he's repeatedly late on rent, his room is a mess, etc...do not try to work with him because he doesn't care. 

This works best when the seller is motivated and open to flexible terms.4.BRRRR Strategy (Buy, Rehab, Rent, Refinance, Repeat)– If you find the right undervalued property, you can finance the rehab with short-term funding and then refinance into a long-term loan, pulling most or all of your money back out.5.House Hacking– If you’re open to living in your investment, you can use an FHA loan (as low as 3.5% down)to buy a multi-unit, live in one unit, and rent out the others.