I’m a full-time sales professional at a global GSI, so I’m seeking relatively efficient strategies.Has anyone successfully used cash-out refinances, 1031 exchanges, or other equity-based approaches to boost income?

Just in my opinion, Im pretty sure there are successful out of state investors but i just dont recommend it being your first buy just thought id add that!

Four properties were existing STR's that had a permit 'transfer' and the other half were eligible properties that successfully launched with astounding success.

Greater chance for success versus another location. 

Of course we wish you the very best of success with this investment.

Quote from @Jay Fayz: Hello everyone,I've recently been exploring real estate as a potential career path and I'm looking for advice on the best entry-level job to gain experience and knowledge.

I had waiting lists of tenants for the first and only time in my career. 

It seems this investment was incredibly successful for you, but the resale is most important.

I have done it successfully on my last 2 buildouts, maybe 3, but only because I was able to acquire the properties at a very low price and I did all the work in-house (myself and some hired hands on staff).

I wish you success as you expand your business also.