Some of the stricter states like NY and CA may no longer allow this, I’m not sure.

The quality of furnishings and other little amenities that make life nicer (especially for MTR) have impact on your rent income.To see if your deal is a good idea, I would suggest to show the price, down payment, financing terms, size, and if you can, historic data on MTR in that area (Assuming STR adn MTR is even allowed) and the property tax situation.

I'm not allowed to promote meetups here, but you can click thru to the BiggerPockets event listing, which will provide details if you're interested. https://www.biggerpockets.com/...

The seller technically hasn't sold it and you get control of the property to prepare it for the purchase allowing them to step into their 1031x. 

What is the real requirement to liquidate assets, i.e. markieting a 3 yr hold, but docs give rights to hold 10 years and even then, allow for GP to market under best market conditions, at their discretion?

I have done 2 successful flips and also have one 1 buy and hold.Now that I have a little skin in the game I’d like to ask my dad who is 62, with a 6 figure 401k to allow me to use $50,000 to invest in more real estate.

You're looking to offset the cost of living for yourself and your family which will allow you to save and reinvest more of your money rather than spending it on your own housing.2.

This diversity allows for tailored investment strategies, whether for rental, refurbishment, or commercial use.Urban Revitalization and Development:Significant revitalization efforts, particularly in downtown Allentown, have enhanced the Lehigh Valley's appeal as a center for business, culture, and metropolitan living.

Gave a kitty to her of 3 k to go check on the property from time to time to report progress and deduct from it each time.   

The plan allows switching between fixed and variable rates for a fee of $100.