@Adam WidderIRR: internal rate of return.

CASE UPDATE:The amount of Clayton Morris information and Morris Invest internal documents you guys have been sending to me over the last 24 hours is great, keep it coming.

If you could team up/partner/intern for an experienced investor, you would learn SO SO much.

Large brokerages can have internal databases of off market properties available to their agents, putting small brokerages at a competitive disadvantage, since they can only advertise to a small number of people, while say Long & Foster can advertise to 12,000 agents in their internal database. 

While the Department of the Treasury Regulations and numerous rulings make it very clear that the Investor must have the intent to hold his property for rental, investment or use in a trade or business, they fail to define exactly how long an Investor needs to hold his relinquished or replacement property in order to qualify for a tax-deferred like-kind exchange pursuant to Section 1031 of the Internal Revenue Code or Section 1.1031 of the Treasury Regulations.

but I do manage a portfolio of over 5200 STR units throughout the US and internationally.

I had an internal giggle.  

GV only charges for international calls, all calls within us are free.

Stripe handles payments for tons of awesome companies, including, coincidentally, BiggerPockets.While we have many internal safeguards that I’ll talk about in a second, understand that Cozy never takes custody of your funds during a payment transaction.

I say go with your gut but realize I believe in what we are told internally.