Great information, thank you!

I would suggest after reading into all the information provided by LO's above, which I wont reiterate, to find a referral from other RE investors in your area for private money.

Use that information to increase your average daily rate and decrease vacancy.  

It's important to think about your money and goals before making a decision.

The customer service has been great at assisting to get me to that point.All said, I am happy with my decision and can see the benefit to help me scale my business.

I also need information about reliable companies that can be used as a third-party for the exchange.

I am using my newfound access to the MLS as a tool to source good deals and make educated and sound investment decisions.

Here's a simplified and effective approach: Gather Information: Obtain details about the property, including its purchase price, estimated rental income, expenses (such as property taxes, insurance, maintenance costs, and property management fees), vacancy rate, and any financing terms (e.g., interest rate, down payment, loan term).Calculate Gross Rental Income: Determine the total potential rental income the property could generate annually.

The goal of this format is to provide an informal but regular space for conversation, peer-to-peer conversations and sharing of resources and best practices.

I really appreciate all the information you provided.