Once you have completed the consolidation portion of your 1031 exchange you now own a more expensive (and probably really nice) property that it must be your intent to hold for investment use. 

I don't mind setting things up on platforms like AirBNB and VBRO and even setting up my own website for direct bookings. 

Take that money from the stock market and directly invest it in a leveraged rental property.

These investments in the area are expected to create tens of thousands of new direct and indirect jobs and further accelerate population growth and housing demand. 

If I understand correctly; the seller would receive 80% ($40,000) directly from the mortgagee at closing and would enter into a personal agreement with me for the 20% down payment ($10,000) in which he would be reimbursed separately from my mortgage payments at a separately agreed upon rate and term?

Cash from self directed IRA accounts How did you add value to the deal?

.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

Hey Grace I may be able to point you in the right direction for DSCR lenders and some solid property managers in Ohio.

That said, if you feel you want to go above and beyond, then could could try contacting some of these apartment complexes directly and confirm her story with them but if you can easily find another qualified applicant why would you take on this work and additional risk.

So if you are doing an addition, you are only contributing to the structure portion of value, not the land value.