We’d rather accept a lower offer from a true cash buyer who can close smoothly and on time, using our trusted title company.

Be the cash/credit partner or find cash/credit and you will learn as you go.

Purchase price: $350,000 Cash invested: $20,000 Bought my second Property at 22 years old while still in school!

Purchase price: $490,000 Cash invested: $150,000 Property generates $4,050 a month income, rents are below market.

All of the value would be considered long term capital gains and so I was trying to see if I could instead 1031 exchange the proceeds into an investment property which I’ll eventually move into and sell with the primary residence deduction.

Dan, you might want to check out the Short Term Rental forum here on Bigger Pockets too.Also, in the past week, there is some disturbing news from the city council in OC. 

However, don't prioritize return of capital over return ON capital.Focusing on strong rental areas, high quality tenants, solid property upkeep and long term gains will keep you alive in this business longer. 

Can you refer me to any resources, or any search terms for me to chase on youtube university, so I can learn more about vetting operators in these spaces? 

Would love to find a short term rental in the Catskills….

In terms of ownership, property can be owned by foreigners via a fideicomiso.