If you have a leasing fee you intend to charge, offer half to the Realtor each time they refer you a client (paid when the property gets rented.) 

Assuming this is the case (and excluding agents fees, costs etc) would the capital gains tax on the second property be 40k (gain since the purchase 315k-275k), or would there be some kind of recapture from the first 1031 exchange.

If you are up for working remotely I would recommend messaging a few Pros from this site and setting up a meeting to discuss your needs. 

Then let's add the 10% Property management fee.

If the building is evaluated at a conservative 10% CAP Rate, the value of the building is increased by $45,000.We’ve found this to be more readily accepted by our residents than simply charging a flat utility fee because it gives the resident more control of their costs.

I would be happy to have a call and discussion.

What Are Your Fees and Costs?

I can also help you with a step-by-step guide on how to set the property up for Airbnb with the right team  Oh ok, that sounds like something I would definitely be interested in doing, would you mind messaging me so we can discuss further?

If going to 75 ltv and additional price adjusters were just enough to make it the loan exceed fnma points  and fees test so they have to limit to 70 to meet that requirement. 2 It was a Dti issue and they couldn’t approve you for a higher loan, but presume if that was the case they would have mentioned either reason before.

I have an investor in NY who is doing this with me I bought the land and am deferring the GC fee.