@Dani Beit-Or,Yes, since you're taking some profit (the primary exclusion) out that would reduce your reinvestment requirements by that much.the 1031 exchange will defer all of the remaining gain and the depreciation recapture.In your situation, you will have a total profit of around $1.5. 

The property remains a valuable asset in my portfolio, delivering strong returns while requiring minimal ongoing investment.

Feel free to DM if interested and I'm happy to help.Competition is tougher than ever, we're requesting all our clients budget $2-$3k per year minimum in upgrades to remain on top.

The Philadelphia rental market remains strong, especially in high-demand areas near universities, hospitals, and transit hubs, so vacancies can generally be minimized with the right property in the right location.

We have parted ways with a bunch of "STR slumlords" as I call them but still some cheapskates remain.

Just don't change your address to your parent's house, that would throw up a red flag. as long as that remains your primary and you aren't renting it out for at least a year after purchase, there shouldn't be any issues. 

I am remaining diligent with this project because I am rusted around the joints.

Just trying to find out how to secure remaining 20% for seller

You should most likely price it at a return of 8% to 12% depending upon remaining term and payment history.

I actually got an option from a buyer to buy all of my remaining properties in cash.