I do recommend a cap and you can also have thermostats with upper and lower limits so one person can't set it to 80,  put those limits in the lease. 

I am located in Jax Florida and use my realtor license for personal deals and occasionally help others. 

Talk with your tax person or a 1031 Intermediary.  1031 must be land to land. 

This encompasses eleven authorized activities within the real estate sector, including development, construction, leasing, and brokerage.750 Hours Test: In addition to meeting the 50% test, individuals seeking Real Estate Professional Status (REPS) must surpass 750 personal service hours materially engaged in one of the specified real property trades or businesses.Understanding Material Participation:Material Participation: Only hours deemed material to the operation of a real estate business are counted towards qualification.

If you want another quote I can refer you to someone to give you more details. 

I could see this being useful in a BRRRR scenario, but in that case you could be looking at a much longer term loan than 30-60 days, especially given supply chain issues and the uncertainty of the person being able to qualify for the cash out loan as rates continue to climb.

The second branch of the site will be a platform to create a personal web page that will hold all of the agent's social media link (kind of like linktree).

Personally, if you have to wait 3 months anyways, it seems like a good idea to take on a project that takes 3 months to maximize returns.

DTIs do not apply, not tax return / personal income eval

But it comes down to if you want to personally get down and dirty to learn the work or if you want to delegate to a third party.