A lot of times its real estate agents or investor/agent hybrids that build youtube channels for their local market and CRUSH it. like multiple deals a month.

Here is the how I would explain it to a kindergartner:The true power of a 1031 exchange is the ability for an investor to meet their investment objectives without losing equity to taxation.With more money they can buy larger, multiple, or more productive properties.What is the alternative?

So I am not in a place to buy multiple properties in support for airbnb, not yet, more so closer to the end of next year.

I toured some apartments in August and there were multiple uhuals parked out front.

In your opinion, what is the most effective way to establish an LLC? Should each property be allocated its own LLC, or should one LLC contain all properties? Please share your thoughts.. Thank you for sharing :)

This property would have multiple income streams, including as an airbnb, wedding venue, bed and breakfast, corporate retreat. 

Instead it looks like a sales pitch that is targeted to unsophisticated investors who are new to the space.If that's actually the situation here than these deals generally have multiple things I can't stomach and is an immediate red flag for me.2) AAA Storage growth: At one point I was interested in this sponsor because of the claimed full real estate cycle track record with little to no money lost.

This is what I have done on all my other rentals, but am trying to maximize my cash to buy multiple properties. 

There are many good areas outside the actual city limits of Naples.Last year the market was crazy with many houses going above asking price and with multiple offers.

My lowest ROI to date has been only 77%.I have multiple exit strategies, usually with buyers in mind.