It's a strategy allowing you to defer capital gains tax when you sell a property and reinvest the proceeds into another 'like-kind' property.

Here are some of the key things to keep in mind when choosing an asset protection strategy for your rental properties:Your risk tolerance: If you are not very worried about being sued, you may not need the best level of protection.

What types of properties and strategies are you thinking about? 

I've discovered Madison, Morgan, and Limestone counties are the place to be in depending on your exit strategy. 

We're already starting see more of the sideline private equity entering the market again which will help rates.To pick the right market, you need clarity on your strategy. 

A friend of mine is good at walking people thru different investment strategies, especially around marketing and AI.

As Chris noted, the most successful Airbnb's I know of are very unique in their designs and amenities.  

Green building technologies and energy-efficient designs are becoming the norm, driven by both regulatory requirements and a growing demand for sustainable living spaces.Navigating the Tech-Driven Real Estate LandscapeFor real estate professionals, the message is clear: adapt or be left behind.

For building in the 100 year or 500 year flood plain you will need a topographic survey of the lot and an experienced architect/engineer to design and help permit what you are wanting to build. 

There are far more important items you should be prioritizing but first so I am clear on the strategy, it sounds like the business plan is to go under contract, renovate the building and then purchase the building once renovated and stabilized?