Follow steps like planning, financing, hiring contractors, managing property, marketing, refinancing, and working with advisors.

@Jay Hinrichsundefined some markets are just too hot and have too big of players chasing what little land there is and if your going to get anything you have to close..

The safe harbor requires the Exchanger to have owned it for twenty-four months immediately before the exchange, and within each of those two 12-month periods the Exchanger must have 1) rented the unit at fair market rental for fourteen or more days, and 2) restricted personal use to the greater of fourteen days or ten percent of the number of days that it was rented at fair market rental within that 12-month period.

Here are some of my thoughts: 1) they are work and have risk 2) in this hyper competitive RE market, there is not enough profit in the rehabs of most MLS listed properties.  

Or lower your price on a 6-month lease and then find a one-year tenant at market rate in the spring.

I'm also in the "never heard of future stay" camp.We now have 6 units all in the same, tertiary local market in the South, and we manually adjust our pricing based on how close we are getting to a unit coming open. 

-How do we set ourselves apart from the other duplexes across the street without out pricing the market?

How to Use and Understand the Macro-Environment and Market Research to Drive Your Investments with @Dave Meyer.

Hey guys just  creating some dialogue but if you were going to buy and hold in a new market what would be some great questions to vet a property management company?  

Hi BiggerPockets Community,I'm a first-time real estate investor and currently exploring different markets to make my first multi-family property purchase.