That's because of our VI approach and the fact that we are committed to only one market.  

I have assisted clients here in the VI with 1031.  

However just the nature of the asset class's vis a vi where many Turn Key and other wholesalers work compared to the more expensive areas are just really tough to take on if your not fully prepared to do so and you have an illusion that a sales and marketing company has sold you on. 

@Rigo V. I

(i)In generalThe term “period of nonqualified use” means any period (other than the portion of any period preceding January 1, 2009) during which the property is not used as the principal residence of the taxpayer or the taxpayer’s spouse or former spouse.se of the property, relevant factors in determining a taxpayer's principal residence, include, but are not limited to—(i) The taxpayer's place of employment;(ii) The principal place of abode of the taxpayer's family members;(iii) The address listed on the taxpayer's federal and state tax returns, driver's license, automobile registration, and voter registration card;(iv) The taxpayer's mailing address for bills and correspondence;(v) The location of the taxpayer's banks; and(vi) The location of religious organizations and recreational clubs with which the taxpayer is affiliated.https://www.law.cornell.edu/cfr/text/26/1.121-1https://www.law.cornell.edu/uscode/text/26/121

Quote from @Rigo V.: I have begun cold calling for leads.

50k rental houses you may want to rethink that.. those are generally for an out of state investor can be a real crap shoot vis of vi the cost to maintain and the tenant turn over etc. basically in today's market a 50k house that is rent ready  in a Major metro area is going to be in an area of low to lower income and come with all the things that suggests.

Rates are 4.15-4.7% for Nerdwallet’s list of the best CDs going into 2023[vi].

@Patrick V. i love the Tallahassee market. lets connect! 

@Vi Huang personally I would get them out sooner rather than later, by the time you get them out it will be Spring and you will need some time to get the place up and ready for new tenants and by that time it will be end of Spring/Summer, prime time to rent it out again.