Many people automatically think electric resistance baseboards (or electrical coils in a central air-handler), but your ancillary heat could be easily fuelled with natural gas, propane, oil or another fuel.Presuming your use of "furnace" means a forced air furnace and not a boiler and hydronic heat, you have the option of adding a heat pump with an exchanger insert in the plenum of your existing ductwork.  

If you are relying on this house to purchase next one, I would suggest taking out a Line of credit on this house to purchase next hour  and renting this house for the 1031 exchange. 

Really appreciate the insight!

I appreciate your insights

@Sam Shueh Sam, Thank you for the insight.

I'd be grateful for any insight or pointers.

I'm working as an Insights Strategist during the day, putting in a few hours of marketing consulting work on the side during the week, and studying up on real estate investing on the weekends (and whatever time I have left over during the week).Having worked in the finance industry for the last couple years, I became increasingly aware of different types of investing vehicles, but never really considered real estate investing until I moved to Miami this last July.

Thanks in advance for your insight. 

I feel I have a lot to learn when it comes to key topics like finding properties, analyzing deals, and doing due diligence.Does anyone have ideas on how to add value to investors in exchange for learning the game from them, or even just shadowing them?

Great insight into submarket I was interested in 2 years ago.