Hi Melissa,This is of course a personal decision but personally I do not allow felonies in my screening process.~ Lindsey

Alternatively there are several 'plug & play' national brokerage that allow you to work with a variety of up to 100+ banks/lenders but the challenge is again sort of being on your own when it comes to processing, disclosing and closing.

I lend money privately and would never consider this as it is dependent on things out of my control (permits, neighbors, you being a good host, rental demand etc) I sell a ton of STR that are in actual resort communities and have great amenities and they are all  competing for the same guests, I can't imagine that there is a need/demand for this type of unit.

Can I sell both houses in 2025 and get the exclusion twice when I sell both?

I am currently in the process of listening to every Bigger Pockets podcast in order. 

@Russell BrazilMy thought process is the contractor could potentially win your business by providing you a quote on rehab costs.Have you had a contractor walk a potential property with you?

Our neighborhood is selling homes without the ADU for $800k to $850k deepening on the condition. 

Once everything is completely set up, I would be interested in selling two of the suites, while keeping the other two.

There has to be some kind of legal process for this.

I live in New York City and I am selling an investment property in California, a single family house, and I am planning on using 1031 to buy investment property in New York City.