I have a considerable gain from my CA flip, if it sells/ My choices are 1) Just pay the cap gains tax and get to freely do what I want with the liquid funds. 2) 1031 Out of state and file the FTB 3840 forever.I'm just getting started and made sacrifices to get this deal going.

With a few of our STRs being glamping tents and RV sites, the cost of a policy to cover a the repair/replacement of a tent or picnic table is not worth it in my opinion.

Quote from @Basit Siddiqi: First, have a conversation with an accounting firm to see if a cost segregation study will be beneficial to you.You don't want to spend money on something where you won't get a benefit from.Yes this should be the first thing you do. 

Hopefully I'm asking this correctly. 

You should speak to an real estate lawyer before purchasing this property. 

I like to sell this property 'as is' to avoid any potential issues in future.

The state does on-site inspections of business.

This approach not only allows you to create value through renovations but also increases your overall return on investment.Off-market deals are typically cash transactions, but if you don’t have the cash on hand, you can consider using a hard money lender.

You cannot compare the results, and this is the most important factor, in my opinion. 

By the end of this month, I’ll have saved up around $25,000, and I’m really eager to break into real estate.If you were in my shoes, how would you use that 25k to get started?