Totally agree with the previous posters - start by checking the contract.

Previously I was just thinking of doing regular LTR but I saw the need for STR because it's near downtown, hospitals, and other entrainment spots so, I took a stab at STR.

Hi, I just posted a wall of text comparing stessa and landlord studio (check my post history). 

If rehabbed did you check to see if they pulled required building permits ? 

I’ll check it out!

Regular vacation properties and second homes can struggle to qualify for a 1031 exchange, but this property in La sounds like it might live in a gray area.Your first step is to make sure that this property is a good candidate for an exchange.

I can send you a free guest pass if you want to check it out. 

In the realm of real estate investment, the story of WeWork serves as a modern parable — a tale of rapid expansion, valuation fantasies, and the sobering reality check that followed.

For a regular turnover we try to have a lease signed before the previous tenant is out.

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