Any other strategies for using 1031 money in this situation or is it only for purchase of a new rental property?

I did STR in a duplex starting back in 2017 and managed for others in North Conway, Ive since converted to all long term tenants and happy i did so... unless your property has something unique or a "rare" amenity.... like, sleeps 30, I honestly would not waste any energy on it in the north Conway area. so saturated, and so much big money being invested in the hotels, its tough to match amenities vs cost, and I see travelers trending back towards the hotel style accommodations. granted, for the right price, I'd buy anything and figure out what the best use for it is. use airdna.co for decent data on # of Short term rentals in any particular market. can also identify opportunities. the point of my response.... be careful in STR in any area and always have a plan B. you can change a lot of things about a property, but your cant change your basis!

I'm on the Nevada side of Lake Tahoe and the permitting is much easier here, Reno also has good properties for STRs. 

I also have a couple of investment properties in Panama City!

Hello MS locals/residents,Im currently assessing a single family property in HornLake for a buy and hold and hoping to get the opinion of a local on the outlook.

One "bargain" cost me $30,000 in hidden repairs - don't repeat my mistakes.Build your team early: a realtor, inspector, contractor, accountant, and maybe a property manager.

Great to hear about the pursuit of a multi-family property!

I struggled with getting property manager since I'm remote and low-renting tenants. 

I just bought my first rental property in the Chicago area northwest suburbs (Cook county).

First investment property.