There are rules and situations unique to each state and that is why you want to go with a local lender vice someone just reaching out to you telling you they can do it. 2) Better recourse if the lender screws something up: a local lender has more skin in the game so to speak as if they screw something up their name will be mud to local real estate agents in the deal.

When it comes to a lifestyle property, it's another ball game and all the comments you wrote make total sense, especially for people who like similar things in life.

Things like your car (if used for business) and home office expenses could be game-changers, especially in your first year. 

(You know you’re on the right track and you insure future leases end between March and July by varying the length of the new lease.)Good luck. 

But honestly, you'll want to shop around and compare a few local PMs since fees and services can vary quite a bit.

Commercial is a totally different ball game than residential, so connecting with a commercial broker will definitely make your life easier.

Try again in 2026.It's a long game.

Curious if 1031 Exchange laws vary by state, or if it is just federal legislation.

Maybe a contractor whose income varies. 

When you have won the game, it's time to stop playing."