;) I would not plan on a refinance being your strategy.

I offer homeowners a contingency plan best on their family needs and their times it is not in their best interest or best solution where they may need either sell their home to an investor for a discount or in market value.

I would really like to get started…just need to figure out my game plan! 

Figuring things out as you go can be hard, but it's cool that you're already getting bookings and have a long-term rental set up.This community is perfect for learning and getting advice for your future plans.

There is also Pipeline Database that includes everything residential, with 4 or more units planned (not yet in DOB) and under construction (in DOB) in the five boroughs of New York City.https://nancypackesinc.com/nancy-packes-data-services/

So I said its probably best to just pay the tax.If an investor overpay a ton, just to save on taxes, most likely they'll be inflicting significant financial damage to their portfolio… it’s probably best to opt out and pay the tax.1031s aren't structured in a way that makes someone "overpay" - it mainly comes down to poor planning which puts them in that situationNever let the tax tail wag the dog!

I'm going to look into this further in NY because my plan is to set up a coliving arrangement, exactly what a boarding house would be. 

Make sure you have a backup plan (contingencies) for if/when obstacles arise and you’re required to spend more money and possible more time (3-6 months) to the overall project. 

Just my good friend Tony from college... had a plan before a girlfriend.

They are now offering a damage protection plan  and  cancellation insurance with an additional optional fee cost to the guest.