Of course, talk to your lender as they will know with certainty what that time requirement is.

It's been great in years past, however, due to saturation and stricter registration/compliance requirements, bookings have really dried up here and many are converting to longer-term rentals. 

For example in and around DC some jurisdictions charge insane fees for new builds ($40k school impact fee) and have very challenging code requirements (sprinkler systems in homes..)Anything crazy like that?

@Krishna RanaGetting started with real estate investing requires several key steps to reach your financial goals.

It takes time and requires work.  

Those markets are higher priced and require a lot of capital. 

Blanket Additional Insured - It is an endorsement that normally gives Additional Insured status if it is required in a written contract2. 

So if I can follow this model and achieve similar-ish returns with limited amounts of work, I require a greater return than that from real estate.

You can reinvest into sponsored investments or funds that don't require you to go out and personally borrow money at today's rates.As a 1031 accommodator, I'm clearly a fan of exchanging. 

You could do that, but it is not required and the costs likely outweigh any benefits.