@Andrew Chime, let's put the selling of services and stuff over in the classifieds section.

ya i dont think there is a seasoning issue with refinance.. but if a partner wants out and cash's out I think that could easily be classified as a sale and all tax is due just like the 1031 never happened int he first place. 

here is what i have found so far...perhaps im not reading into this correctly but doesnt sound good.https://www.summitdaily.com/news/state-senator-proposes-classifying-short-term-rentals-as-commercial-property-leading-to-a-tax-hike/https://openstates.org/co/bills/2020A/SB20-109/https://altitude.law/legislative-season-is-in-full-swing/

@Jared JLemail...its unsightly to you, but that is not going to be classified as a fire hazard by a judge.

I may have been a 'consultant' for another's property before.To fully be classified as a 'property manager' which requires a license if you don't have an ownership interest, a few key things need to not be among your services rendered.I didn't place anybody without owner approval.  

If you are looking to be classified as an accredited investor the SEC doesn't really come to your house and invade your closets so if it looks legit on paper you're probably ok but again always seek the council of licensed attorneys

Be careful here, two years without income gets you classified as a HOBBY and all bets are off! 

We've drafted our promissory note, have the funds ready to move, but I'm not finding any information on the web regarding the proper place to have the funds when the purchase is made. 

I'm talking with a data/web guy to put together a private app to visualize population and job growth data.

@Prashant SinghIn our experience, you can classify neighborhoods, blocks, properties and tenants.While you are on the right path with trying to equate neighborhood class with property class, it doesn't always work that way - and is an opportunity for a smart investor.Yes, you want to stay away from the Class B/C property, the best house on the block, in a Class D area.