Therefore, you don't need to use a 1031 exchange; you can take as long as you wish to find and then buy another property.The only exception is if there is debt on a property, in which case there will be some UBIT (Unrelated Business Income Tax) implications.

  - I quickly learned it was easier to go to that same bank in advance and ask for purchase + rehab financing all in one loan, one set of closing costs and it takes any the stress of worrying about the refinance. 

I find newer investors are leery to work with agents because they think they will take a piece of their deals in some way, but those relationships can be super beneficial to everyone. 

There l also learned to do commercial job take offs and estimating. 

It shouldn't take long or cost much to get started, right?

If you spot a rule-breaker, just tag @moderators, and we’ll take care of it.Again, welcome to the community—happy investing!

Hi JoseIt sounds like you're trying to take advantage of favorable terms, but lenders often differentiate between primary residences, second homes, and investment properties.

I’d take a look at what other comparable STRs in your area are charging for cleaning fees.

Can they prove how long it takes to rent a vacant property?

Since I typically take 4-6 weeks to turn a property, that means a turnover every ~2 years.