RE Markets are efficient.

(Energy Efficiency, Water Conservation, Seismic Retrofit, Resiliency, & Renewable Energy)PACE is 100% Financing, Non-Recourse, Terms to 30 Yrs with Low Fixed Rates, Transferrable, Payments paid back via Property Tax bill, Has the ability for payments to be passed on to tenants in a NNN situation, CLTV to 100%, Will Finance up to 30% of Stabilized Value.Examples of PACE Improvements: Cool Roofing, HVAC, Windows, Doors, Insulation, Chillers, Elevators, LED Lighting, Solar, EV Charging Stations, Daylighting...Hundreds of Improvements will qualify depending on what each state allows.Cathy

And depending on the sponsor, many syndicators can get 50+% yr 1 pass through losses under current bonus depreciation, so while not as efficient as an UPREIT or straight 1031, this type of transition can create significant offsets to gain, while also giving investor more flexibility to choose the right deal/sponsor, and move passive.

I have been researching and reading a lot on REI for the past year but I enjoy hearing what people have done instead of reading the "most efficient ways" of doing things.

When reviewing the cash flow of properties, you discovered the cash flow was not feasible for a property, you could consider a 1031 Exchange to sell the property and replace it with a new property in the most tax efficient manner.

At the time of purchase, 1 tenant was evicted from the downstairs efficiency apartment.

At the time of purchase, 1 tenant was evicted from the downstairs efficiency apartment.

However, everything is case by case and depends on one's current situation and future goals.Buying rental properties inside SDIRAs is usually not the most efficient application.

I've been reducing headaches at a tax efficient drip and buying off market when convenient at about a 3:2 ratio for a few years now.   

Looking for the most efficient and affordable way to do all this remotely from my home office as possible, until I can hire someone to help with this part.