Fortunately, you will be able to to a 1033 exchange into new property and avoid any tax on the gain. 

I know we won't come close to covering our living expenses of around $130k per year initially but I need to make a change.

If the appraiser gives enough to debt service the loan, you will be allowed up to 75% LTV.Thank you Brandon 

Anthony,I am in St.Pete as well and Congrats on the REI sucess! 

I'm new to the investing business.

I'm a newbie to the BP community but a long-time listener of the BP Podcast.

I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.

@Christopher Robert NolandRecommend not always relying and copying and posting a ChatGPT response

We were still figuring out the best way for the renter to pay their monthly rent for the first two months.

After looking into multiple skip tracing services and deciding on Smarter Contact, my partners and I were upset to find there were quite a few charges after paying $300 for the service; including a $140 fee to remove the "reply STOP to unsubscribe" feature.