Another aspect that's important is to communicate to your relinquishing property buyer (Boston condo) that you're going be doing a 1031X and that they can offer you flexible closing time.

Hi Duane, my firm offers a Premier-approval product and can fund multiple deals at a time. 

These area are offering a good balance between appreciation and decent cashflow. 

The offering document indicated certain projects which is what I subscribed to invest in. 

Some design and amenity ideas:+ Welcoming living space with plush seating for family hangouts+ Coffee bar or stocked tea station for early mornings before campus events+ Dining table or breakfast nook perfect for family meals+ Dedicated workspace for parents who need to check in on workFor sports fans, tap into their game-day energy and make your STR the go-to spot for a fun, convenient stay:+ Big, comfortable seating & a great TV setup (think oversized couch, streaming sports channels)+ Game-day essentials like a mini fridge stocked with game-day snacks/drinks+ Outdoor space with a grill & seating for pre- or post-game gatherings+ Good parking (sports fans hate scrambling)+ Team spirit decor touches (subtle, not tacky—think framed sports prints, not full-on mascot murals)Your design & reviews will do most of the marketing but to market directly to these guests:🎯 List your STR on sites where parents and alumni book (if allowed)🎯 Partner with local businesses—coffee shops, sports bars, or tailgate services—where your ideal guests hang out🎯 Optimize your listing title and description with phrases like “Perfect for Visiting Parents & College Game Days”🎯 Time any discounts/promotions around major campus events—homecoming, graduation, big rivalry gamesThink of it this way, you’re not just offering a place to stay—you’re creating an experience they’ll want to book again and again.

I even put an offer in on a great BRRRR in Baltimore’s Patterson Park but was outbid, likely by an LLC that already has its own contractors ready to go.Crossing my fingers that all goes well in the inspection and I’ll move on to the next steps of property management. 

I would take them out to lunch, explain what you want to do and see what guidance they offer.

But it might make sense to work with folks who can offer more focused guidance on filling the knowledge gap you have.If you shoot me a DM, I can also ask around for more of 1:1 coaching opportunities. 

Giving you a bump because I'm sure someone can offer advice.

It's a good practice to overestimate costs and underestimate after-repair values (ARV) to keep your expectations realistic.