In reviewing our 2023 production at least 1/4 of all our STR (particularly luxury STR) and multi family sales were the result of 1031X transactions in which the seller sold a like kind property towards a high cash flow vacation rental. 

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

Matches my long term appreciation goal that I think will happen and decent cash flow. 

Khyati Hi Khyati, Cleveland is a great market and I've brokered several deals there for clients in a similar boat looking for higher cash flow. 

Background:Legal 3 Family home with long term tenants and  has other streams of income attached to the property off the books, so it cash flows very nicely.

The lender on the other hand looks at it and says you are already at 75% loan to value so there’s really no equity to tap. 2) Will tapping that equity cause the property to become cash flow negative?

This area has 90,000+ active duty military and 3 bases, which brings a constant flow of people in and out…many of them renters.

I feel ill have just too much debt and not enough extra cash flow even though long term it would be a good return.Welcome any help/investing tips. 

Called all the plumbing companies that were to clean out and clean up basement. 

And if you do you could be stuck with something that negatively cash flows.