Purchase price: $270,000 Cash invested: $20,000 Current residence, will be renting out long term starting March 1st, 2025 What made you interested in investing in this type of deal?

@Randall Ayers did you ever get back in contact with next-financing?

I know this is more of an investing forum, but I figured I'd reach out and see if members with an investing background would provide advice.We're preparing to purchase a vacation property in North Myrtle Beach.

If you're in the DMV/Baltimore area, please reach out! 

Vrbo and Airbnb sync with each other for free, Vrbo has free dynamic pricing, both platforms send out enough automated messages for me.I check in on guests after they arrive to provide that small personal touch.We get consistent 5 star reviews with minimal effort.

In ten years you may make enough to survive and quit your day job but it will not be anywhere near 1 million per year. 

The information contained in this post is not to be relied upon.

Ask the asset sponsor if they have debt in their capital stack. 

So whether you sell to their trust or to them individually it still has to pass from you in order to do the 1031.But even more you don't want to be in ownership when they pass so you can get the step up in basis and inherit the property tax free.

Are you generally seeing cash flow positive deals from day 1?