Despite the property's substantial equity, the rising costs have put me in a challenging financial situation, as my monthly expenses now exceed the rental income.

I plan on still acting as the tenant for now; could a DSCR loan work in this situation, or does anyone have any recommendations.

Being able to pivot is crucial and it's great that you had multiple strategies available.

It's best to get actual bids from multiple contractors.

I've heard multiple podcasts where this has been mentioned as an effective beginner strategy, and midterm keeps coming up as chronically underserved.

Opting for a DST allows investors to spread their investments across multiple high-quality properties, benefiting from the advantages of a 1031 exchange to defer capital gains tax.

It would be great to connect i work for an investment brokerage with multiple investors and i would love to share my experience.

Here is my current situation and why I think it wouldn't be too bad of a financial decision.

If I understand your situation correctly, you could structure a Tenancy In Common (TIC) deal where each of the separate LLCs owns an undivided interest in the replacement property, as tenants in common.These deals need to be structured properly and you need to have an attorney familiar with 1031 exchanges involved to make sure it's done properly.Also, if there is a lender involved, that can complicate the matter as well.It's definitely doable, if you have the right professional help while you're doing it.Feel free to write if you have any questions about this.

Hey There
We've ended up in a tricky spot and I'm trying to figure a way out of it.
Bought a property to STR in georgia. 6 months later it burnt down.
We got the insurance money and decided to build a second place ...