There are 2 big reasons why I never had and would never have.1.

Anyways, as you can see from the page in the web archives, the "Portfolio" tab of Nextlevelequity.com, as of July 2024, presents in such a way that I at least (and I think I am a reasonable person) walked away thinking that you are the underwriter/owner/operator of the asset known as "One18 Place" - described as a 236 unit apartment complex.Melanie asked you some questions in a forum post (actually, many forum posts) about whether you were the owner of One18 Place, and, in response, instead of saying "Yes, of course - I wouldn't list a property on my website's 'portfolio' tab unless I did, in fact, own and operate it!" 

There's usually a good reason why a company is cheaper or more expensive.

The reason I even ask is because I do have a clear understanding of how loans works, or should work.

If you opened the exchange with the intent to hold the property for investment, and then in the future circumstance changed which caused you to reconsider the use of the replacement property and convert it to personal use, then a period of time less than two years might be reasonable.  

A low maintenance condo rentable to good tenants sounds like a good starting point to me.I’m 56 and reasonably setup for retirement, so real estate is a stabilizing diversifier for me.

Curious how this will play out in the courts (granted it's LTR) and affect pricing products used for STR such as PriceLabs (which I use but have to seriously manually adjust for very specific reasons).

FHA will not use any short term rental data.Something else to think about - any reason why you wouldn't use a Fannie Mae loan here?

I’m also open to alternative strategies, such as private lending or passive investments in funds, to diversify and balance risk.Does this phased approach seem reasonable given the higher HELOC rate?

Reason for asking is that I am trying to understand what a reasonable target rent per unit is for specific geographical areas.