Most SFH investors must pay down the mortgage and ignore any return on the equity to actually have what they consider cash flow.There cash basically sits dead in the property in exchange for perceived or "forced" positive cash flow.

A daily rental manager needs to provide some sort of reservation service (preferably it includes an online presence), physically inspect and clean the property each day as your renters check in and out, and provide a linen exchange and laundry service for the sheets, towels, etc.  

If you hold RE outside of your plan not only can you get those, you can also sell and defer taxes via 1031 exchange.

I'm new to the forums and wanted to see if anyone had some advice on how to start out with a 1031 exchange.

1031 exchange is a way to defer taxes on profit when you sell property.

At some point when I have drained all the depreciation from the lower end homes and looking to simplify my life by more cash flow with less properties, I will sell, put in a 1031 exchange and look at either higher priced homes in the suburbs or MF in Midtown.

See if you can cut them a break on your service fees (or do it on the side for them) in exchange for a lunch or cup of coffee with them occasionally and ask them questions.

Personal use also includes time spent at your place by another party under a reciprocal sharing arrangement (“I use your place in exchange for you using my place”) whether the other party pays market rent or not.Days devoted principally to repairs and maintenance are considered days of vacancy and are disregarded, even if family members are present while you work away.The tax drillVacation homes in this category are treated as personal residences for federal income tax purposes.

I decided to put 2 in deferment for a few months due to coivd.Now, I'm ready to move on.The root of my question is that I will be doing a 1031 exchange on one and want to look ahead and be in the best shape to get a new loan.I have the cash to just pay up all missed month's.

If you ever decide to sell and reinvest, you’ll want to learn about the 1031 exchange.