Yes, the gap between the flooring and the wall is essential.

The 1031 exchange is primarily used by smaller, private investors (ie. middle class), removing it or severely capping it will remove an upward mobility tool.

@Patricia DaSilva 2 tools that can help you determine the STR revenue potential of any property are Airdna and Rabbu.

Power tool work began no earlier than 9:30am and finished no later than 6:30pm.

@Mike Toole I’ve rented out properties furnished or partially furnished before.

As others have noted most counties have online tax estimator tools you can use. 

Essentially it need not be one or another .

The “cost basis” is a little complicated, but essentially you’ll owe taxes on....1) the depreciation recapture and cap gain you deferred on the sold property, plus2) depreciation recapture and cap on the replacement property you are now selling.Remember, a 1031 simply Defers reporting of the gain.

If you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/blog/The site has quite a few tools that can be helpful for new members.

Late fees, inspections, notices of lease violations, charging them to remedy issues, are all tools you can use to train your tenant.