Depending on credit history and how the property would perform from a rental income standpoint you may have access to up to 85% financing on an investment property 1-4 unit purchase. 

As an out of state investor, I made the decision to pull my equity out as construction costs in the area are incredibly high with limited availability right now.I completely agree that luxury rentals would be my prime target for a 1031.

My name is Jenny Cunningham from FL, I started investing in real estate about 2 years ago with my partner (male) and have mainly focused on doing flips while recently looking to get into the rental market as well.

Re-organizing our rental houses into their own LLCs and considering using a virtual business address for each of these. 

.- thanks -  pay towards the 2 loans the same way ...look to refinance  when and if rate drop ...if interested in buying more rentals - consider saving these  funds to use for your next purchase ...there are many great amoartization calculators avaiable for free that you can use to review scenarios 

Those 4 tend to be the most popular sites for mid term rental listings.

I'm talking about bringing it up to the standards of a Class C rental that section 8 would pass as a rental for its voucher holders.

To protect my investment I always get a Home Warranty for rentals.  

For a rental, I can see replacing or repairing a unit being deductible as expenses and property improvements.If I am going to be wealthy someday, I do not want to have to wait two weeks for someone to fix my AC when it goes out in my house, and I do not want this for my renters either.

Some other great resources I recommend as a real estate investor myself are: "Rich Dad Poor Dad" by Robert Kiyosaki, REtipster (www.retipster.com), and Rental Income Podcast with Dan Lane.