Whether or not you believe there will be drastic changes, we are already seeing increasing weather events with unusual patterns like the hurricane that whipped through Central (Inland) Florida in 2024.

You are allowed to charge for ALL damages beyond ordinary wear-and-tear.

- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.14 properties - presume these had to have been single families.Oh, I'm modifying the original post to mention leaning toward creating a trust which we manage..so we would own very little yet manage the trust which owned investments and such.Here is what I understand/misunderstand (better or worse) on moving every 2 years (as we are open to that albeit pia.) • Multi-unit would only support a %, so a quad would 25% and prorated over all years of ownership....witteling advantage to not worth the effort. • Single unit properties get pro-rated.

We are frequent users of the Rental Property Calculator and have found a few promising leads thus far but also know that is just the beginning of the process.

Now we are going on 6 years!.  

We are good friends but that's also not an issue for them because they are a dual veteran couple.

We’ve worked together for about 2 years now, and he is focused on the operations side of the business.There are many solid sponsors and operators in this asset class, some newer than us, and some older – and quite a bit of new money coming into this space (part of this is where we are in the market cycle, and other asset classes being overpriced like apartment buildings).I’ve personally had several conversations with @Jefferson Lilly (and met him at a conference), and he knows the space well.

We are open to MFH but depending on the market we pick they are less common in certain parts of Idaho.

Thanks Andrew Yes we are in ACNJ most of our properties are in AC but do have a handful in Ventnor and other shore towns. 

For larger accounts with PMS integrations VRBO is a passthrough and we are the merchant of record.