I think you really need to work with an agent based on what I am reading between the lines in your post. 

Your requirements to defer all tax are to purchase at least as much as your net sale and use all of your net cash in those purchases. 

Feel free to reach out anytime—looking forward to collaborating!

Alright y'all, I've listened to podcasts and read books for long enough.

@Celso RodriguezIt's great to hear you’re diving into BRRRR!

Initially rented to long-term tenants, it generated modest cash flow of a few hundred dollars a month with a 4.25% rate.

You might want to look up Ray Glymph on socials (Instagram).

There are a lot of HOAs there, but they tend to be STR-friendly.

To convert STR to LTR, evaluate rental comps, hire a property management company, explore multifamily properties in strong markets, and use a 5% Fannie Mae loan to buy a multifamily property.Good luck!

I take 1/2 total upfront and balance due 60 days prior to arrival.