Miami's single-family homes continue to capture the hearts of buyers, beckoning them with promises of comfort and stability.Cash is Key: In the whirlwind of real estate transactions, cash reigns supreme.

In order for you to do a 1031 exchange from that property you are buying it does have be a property you are holding for productive use in investment. 

Eventually, i would like to be a real estate investor; whether it's renting out a single-family dwelling, duplex, etc.. 

Juggling that much hard money and homes becomes inefficient and you are better off taking your profits from flipping and moving into multifamily, commercial or large single-family home developments.

Curious to know if there are good solutions out there for a single property (or just a few properties).

To clear 1 Million on a deal you'd need to find a deal spread of 2 million because after closing fees, agent fees, and taxes you get half the spread.To find a deal with a 2 million spread it have to look something like Purchase 2 millionRehab 750kARV 4.75 MillionYou''l clear one million after closing on the sale of finished product but you'll need to be at least 1 million liquid to get the deal done.

Would you consider a straight-up single-family home?

It might seem a little stupid until it actually works.If you can, try to find a single family or duplex that you'll both be able to move into at the same time so you'll just need to find roommates for last year. 

Is it a purchase/rehab for a flip or BRRR or are you looking into turnket properties that would align with the DSCR product?

An LLC isn't really necessary for a single or even a few STRs.