Hi Yael, Had a few investors looking at BRRRR strategy here in AZ.

But his strategy is all wrong.

@Dallas Smith To defer capital gains on your investment property, a 1031 exchange is an effective strategy, but the replacement property must be held for investment purposes for at least two years.

Educate yourself with resources like The House Hacking Strategy and practice analyzing deals using tools like BiggerPockets calculators.

This lesser-known strategy could help you save money and reduce your monthly payments without the hassle and cost of refinancing.

I wish I had the experience to use your strategy.

It would be wise to ask your CPA the capital gains exposure once this strategy is being executed.

We are looking to do long-term rentals for a buy-and-hold strategy, starting to build up our portfolio and gain momentum. 

You might consider other strategies, like taking a home equity loan or refinancing to fund repairs, but consulting with a tax professional or CPA would be the best next step for your specific situation. 

It’s a high-risk strategy that is hard to pull off.That’s just investing remotely, which usually means traveling often to the market.