BUT, that being said, both these tax incentives are massively powerful tools for RE investors, and it pays to do your research and learn the ins and outs -  it could save you big $$$ when it comes to tax time.Here are a couple helpful articles on the 1031 121 combo: https://www.1031exchange.com/converting-property/http://www.exeter1031.com/article_overview_1031_12...http://www.exeter1031.com/application_sections_103...https://apiexchange.com/1031-exchange-primary-resi...Either way you go, it sounds like you're in a good spot.

They advise us to sell on experience (driven by AirBnb's focus) and that will help us maintain a higher rate. 

I would focus more on finding a deal/area than creating something visually appealing for someone who only cares about numbers.

I have a unique situation wherein the property I want to purchase is owned by 5 siblings and they have all agreed they want the oldest sibling to sign everything on their behalf, so they want to complete a power of attorney form to give him the right to sign.

I can help you with the marketing and guidance on where to focus your efforts if you would like.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Account Closed I assume you also use power of attorney and have a conversation with the owner regarding insurance on the property, too?

Either way we both learn which is what makes BiggerPockets such a powerful tool for its members

It gives you more purchasing power.

Stay focused and strong.