What the IRS is concerned with is when you are doing a 1031 and want to purchase a property from a related party. 

Quote from @Jonathan Snider: I have been saving up for a while to purchase my first STR.

I purchased the property from the Shelby County Land bank. 

I think you forgot to include the question.

Hi EdwardThe main benefits of section 8 include guaranteed rent payments from the government, which can provide a steady income stream and reduce the risk of vacancies or non-payment.

I’m actively seeking to purchase either a multi-family or duplex unit in the Columbus area  for a medium rehab project. 

There's a standard syndication that goes out to sites like Zillow, Redfin etc that is included when it is listed in the MLS; hence why people can find properties from across the country. 

I wanted to see if anyone is familiar with or can recommend paid mentorship programs or coaches for small multifamily unit investing (2-4 units).In my research, I’ve found that most mentorship programs or resources I come across are geared toward large syndication apartment building purchases or other types of investments, such as short-term rentals, medium-term rentals, single-family homes, Section 8, or fix-and-flip projects.

Purchase price: $122,000 Cash invested: $41,000 Value after renovation $175,000.Closing $ 31,000 Renovation $ 10,000 How did you add value to the deal?

The lender For the DSCR loan uses the $195,000 purchase price plus the $45,000 To come up with the purchase price plus rehab.