Montgomery County does not raise assessments when a sale occurs that I have seen.

Not to mention cya from issues that May occur later by dealing with it now.

You will need reserves to handle any unforeseen expenses that may occur.

That said, I admire your ambition and there's no harm in big dreams, they often turn into amazing realities!

Just be sure to have the exchange in place before the sale and purchase occur.

I guess I'm confused by the order that things occur.

It's hard to balance rewarding longevity with monetizing the asset with avoiding unneeded turnover costs.But if you have a tenant stay for many years and never raise rent, you'll get in a situation where it will be more difficult to raise rent due to the precedent you've set, harming returns for yourself and future investors when you are ready to sell.

This would seriously harm you if you were leveraged.Again if you really consider this (hyper-inflation and resulting complete breakdown of society) to be an eminent threat, you should be investing in some land to "bug-out" to and learning how to survive the collapse of civilization as we know it.As a rule, inflation makes the rich richer and the poor poorer and decimates the middle class.

But hey, no harm to try.

You'll need separate Errors & Omissions coverage.Workers Comp - which is much more possible if you don't make ABSOLUTELY sure that everybody doing work on your house is covered.Wrongful Acts - which broadly means causing harm intentionally and/or unlawfully(WC exclusions may be different in some states, but it will definitely be excluded here in WA.)Congrats on the new rental, and good luck!