We are looking into acquiring a new PRIMARY residence.

STR success is understanding the nuances of the market, price drivers, and positioning in order to stay in demand.

Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio.

However, events like Easter contribute to keeping April among the best months of the year.May - Positioned as a mid-season month, May historically faces challenges as students have exams, and parents are saving for summer vacations.

My primary acquisition strategy is seller finance/"sub to" and exit strategy will be focused on a combination of mid term furnished corporate/traveling clinician rentals and corporate/insurance mid-term rentals.

Are you converting this to your primary home and hate the current flooring?

I'm considering diverse options for reinvesting the proceeds ($200k+) from a planned 1031 exchange and am open to various strategies:Las Vegas/Reno: These markets offer potential for both cash flow and appreciation, but I'd need more information on their suitability for mid-term rentals and current market conditions.BRRR strategy: This approach could be attractive for value creation, but I'm hesitant about out-of-state management and require a turnkey or experienced team to handle renovations.Other locations: I'm open to exploring other markets offering favorable investment opportunities, particularly turnkey properties or areas with manageable maintenance requirements.My preferences:Turnkey properties: Minimize management headaches and focus on cash flow.Limited appreciation: While some appreciation is welcome, cash flow is the primary priority.Shorter-term rentals: While Airbnb isn't an option in my current area, I'm open to exploring short-term rentals in other markets.Avoidance of major renovations: My recent experience has solidified my preference for well-maintained properties.Current portfolio:3 duplexes in Missouri (mixed performance)1 single-family home in Memphis, TN (turnkey, positive experience)Questions for the community:What are your thoughts on Las Vegas and Reno as potential investment destinations?

These folks use RE as their primary vehicle for tax strategy.

Thank youA HELOC on your primary will be a lot more affordable than a HELOC on any rental you have.

Primary Residence, $0 capital gain tax per kid or spouse up to $250,000 each or $500,000 total.