Unless the home seller / buyer has extensive experience in real estate THE HOMEOWNER SHOULD NOT DO ANY REAL ESTATE TRANSACTION UNLESS HE UTILIZES THE SERVICES OF AN EXPERIENCED REAL ESTATE ATTORNEY. 

After expenses, it will be cash flowing 1k/month.My thought of doing a 1031 exchange seems like an option..trade in a 170k house for a few 250k homes and increase my portfolio by 600k.

Your gain is sales price less sales expenses less adjusted basis.Your adjusted basis is purchase price plus improvements less depreciation.Also factor in any passive loss carryforwards when calculating your gain.Your CPA should be able to discuss with you what tax implications would be upon sale.

Small homes on wheels STRs?

The boys anyway just need a few tiny or mobile homes with a couple shops they can work on their cars, trucks and motorbikes. 

In the mean time, if you're interested in a CMA for the home I would love to help out with that! 

tiny home village for STR?

So FHA has two sections:FHA section 203(b) is intended for properties that are move-in ready.However, FHA section 203(K) enables homebuyers to finance the purchase of a home and the cost of its rehabilitation. 

Those are home runs.

The Guarantor agrees to be personally liable under the terms and obligations of the Debtor in this Agreement.Borrower's Known Assets: Home in Florida with 300K+ in equity, bitcoin in wallet $500K, 401K $500K+, two small businesses (equity unknown).I hope this is enough info to get the conversation started.