Is there any requirements on where the funds from the proceeds of the original sale are supposed to be placed?

If you're dead set on self-managing, find and purchase a property that already has long-term tenants and will want to stay after the turnover.

And, of course, check out financing options to ensure you're getting the best mortgage rates and terms for investment properties in the area.Best of luck with your search!

Looking for ways to keep this property in my portfolio as a long term rental.

Regarding the 1031, so let's say I put 5% on the new primary residence ($900k, so $45k-ish), and rented the original (former primary residence), I would have to wait 12 months before I could do a 1031? 

I am eager to build long-term, mutually beneficial relationships with wholesalers who can provide quality properties that meet our criteria.If you are a wholesaler in the Cleveland area or its suburbs, or if you have any recommendations, I would love to hear from you.Please feel free to reach out to me via private message or respond to this thread with your contact information and a brief overview of your offerings.Thank you for your time, and I look forward to the opportunity to collaborate with some of the fantastic wholesalers in our community.Best regards,Tom. 

Not only are Queens and Brooklyn the busiest Counties in terms of activity (new listings), but they also have some of the most competitive investors in our market.Properties are selling for 8.5% more than they were in 2023, showing us just how desirable the borough is.With its proximity to NYC, numerous public transportation options, and overall vibe and attraction, it is no wonder why the popularity has been reflected in the buy-and-hold rental market.

Long-Term Vision: Sure, the duplex is step one, but what’s my long-term game plan?

They will know where the demarcation is for county vs city regs and zoning.The city of Ithaca seems to be considering regs - https://www.cityofithaca.org/770/Short-Term-Rental-ResourcesPlus it seems that it was passed in April - https://ithacavoice.org/2024/04/city-of-ithaca-short-term-re...

I've been looking at some of the online lenders (Better, Figure, Rocket Mortgage, etc) and while they offer a decent product, perhaps there is a lender who is local to Indiana that would offer a HELOC with better terms?