There’s a big advantage to naming 3 or less replacement properties in regards to 1031 rules.

When the make sense and what to look for in an originator and what to be aware of.

@Lucas Schlund not seeing oversaturation in Metro Detroit, but there is some up in the Traverse City area - which implemented STR controls.Yes, it's always a good idea to buy an STR property that you can at least break-even if you have to turn into an LTR. 

Cash invested: $40,000 Sale price: $205,000 Strategic Market Pivot: From Long-Term Rental to High-Yield Fix and FlipThis property was strategically transitioned from a single-family long-term rental (LTR) into a fix-and-flip project after analyzing market trends and identifying a pivot that would yield better long-term returns.

Yes you can but it depends on the lender some lenders do not allow due to overlays and in house restrictions. 

Great to be here!

I have some I will be posting that have turned up.  

Excited to see what happens during other states legislative sessions this year.     

On a smaller building this might be a bit tight, but as the buildings scale up I find that this metric is a good spot to be.

Maybe they own the house behind it and want to put up a garage or driveway access to their backyard.