We have done very well turning our transient life style into a great asset for buy and hold rentals.

First, you need to figure out what kind of investor you are and what kind of units match your investment style and needs.

I like your style

BTW, details are as follows:- ARV for that style house in the neighborhood is about $290k- Repair costs are unknown because there are no contingencies or inspections.- I will not be bidding anything over about $180k total cost for the property.Thanks for any info!

I'd encourage you to join us at an upcoming RE educating and networking meeting with the Boise Investor Group, and or come to our next BP style meet up (held each quarter).  

@Eddie WernerThe listing you're referring to is called a hotel-style.  

It may take awhile for the tenant to adjust to your management style.

(and there are no penalties for doing so) to let the 1031 Exchange fail on purpose if you can't find suitable replacement property. 

Everyone has very different "styles" and goals. 

Your writing style is distinctive, as is your confusion about what it means to have a portfolio and your inability to comprehend what a cap rate is and is not.