Pros could be: Clean water + tub for each guest; on a well, so no water waste concern; can make it design-y + cute; can be used winter (hot water) + summer (cool water); goes better with forest location of the home than a traditional hot tub might; will hold same number of guests as hot tub would (2 people in each tub).In researching I have seen some people on Airbnb have these checked in amenities as 'hot tub', some 'private hot tub'.

They are interested in a vacation home around the cape.

Can it still qualify for 1031 because the rule is u have to live in it or rent it for 2 out of 5yrsSecond, if I buy a property, renovate it and sell within 3/4 months, can it qualify for 1031 because I heard u have to hold it for 1 yr.Is coop sale and exchange with purchase of single family home "like kind" of exchange?

@Roy Gottesdiener What you don't cover is the growth potential for the six single family homes you currently own.  

The same goes for adding a fourth bedroom to the home. 

Typically, though, the terms are spelled out pretty well...at least I know they are here in our Florida contract.

Additionally, if you are looking to hold long term, having new construction is going to keep your repairs, maintenance and capex lower for quite a while, typically.  

You could try talking to them and posting a notice to vacate as you now own the home, but I wouldn't go alone and I doubt they will leave. 

Hello, I purchased a home last year and looking to buy another home soon.

The home is under an LLC however it is not currently being rented out, my grandfather lives there.