From there you could divide up the lots and build 4 new homes, or just build mutlifamily properties or a million different options.

So yes, you can fix and flip, or hold as a rental, or whatever.Thank you, so market auction is the best option in your opinion?

Like @Gita Faust said, I think an S-Corp is a better option for the management business.

I have been approached by lenders in San Diego whom have made me aware of the refinance option once probate has closed.

This can be time consuming and at times folks are looking for multiple options and can back out during the process before the lease.- Leases: You will need to spend money and time creating a lease that adheres to state and local laws; often have it reviewed by an attorney to ensure you are protected.- ROI: The return is better than a LTR but not as much as a STR can be.

Why are people doing 1031s if the Deferred Sales Trusts is an option?

So- the real question here is do you want the cheapest option (conventional, but you have to wait a year and it must be in your personal name) or the most flexible (DSCR, which can be done in a business name and generally at any point, but it will be more expensive.)

Tenants have a lot of good options currently.Are the chances any better in San Antonio?

One options you have is organize a large group of investors to offer "Fractional Rights" off as a pre-sale partner offer.

Option b: Sell the property and 1031 the balance to put down on 2 other properties.