Could I close on this new rental’s by using my own cash on the downpayment, and then retroactively use this property for that 1031 from the property I’ll be selling?

Looks like a solid 10 years of hard work and smart choices did it for you.

Like you mentioned, be aware of the short-term rental regulations through the city but also pay close attention if there is an HOA.

Hi.Just closed another 4plex and obviously it came with all inheritate tenants.

Make a list and look closely at each one to see if they are an option.If you can't find someone within your network, expand your network.

Unless its a perfectly turn key deal with market rate tenants, you'll actually have more control over a property upon closing with vacancies than if it had tenants.

And the "norm" is not even close to what it used to be ... with many carriers going up to 1.5-2% Deductables for storm claims; or not writing policies for roofs older than 15yrs (some 8yrs!)

You might also see smaller fees at close for legal, title, appraisal, etc.

Test the well for gallons pumping and quality.Have them pump septic at close ( $300 ish cost but you need to know condition)Roof?

@Barry Randall, try joining a meet up regarding real estate in Madrid or meeting other people here on the forum close to you.