If you can’t do a 1031 to a non-income tax state, figure out a year when you will have lower income and tax rates ar as low as possible.

The bottom line is that your scenario is possible.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

For investors who lack knowledge and/or time, want to own physical real estate as part of their portfolio, and want to be as passive as possible on the real estate side of the investment, we've created a great route.  

I need the freshest leads possible.

Starting with your wife and possibly your kids depending on age (for example, they can help clean between tenants, this starts  their education [Check with your accountant because you may be able to pay your kids and take a deduction].- - While you will do the lion share, can you take advantage of your wife's talents and availability?

The transfer of bookings is possible because we're going with the same co-hosting/PM.  

I fell off the wagon when I saw a bullet point that indicated all second story apartments have an elevator and their suggestion that it was possible to get 1000% Plus Potential Cash-on-Cash return in the 1st Year.Where has SCDC built?

I am here to learn as much as possible so I am not wasting peoples time or more importantly their money!

But we also like the idea of having the highest cash flow possible.