I have an opportunity to purchase a 30 room hotel.

Good morning team, I wanted to share that I recently purchased a house in Palatka, Florida.

So maybe you could try to find something like that and do Airbnb in the meantime.Subdividing is not super cheap, and vacant lots typically sit on the market longer than homes do, but it could be a good opportunity if you have funds available to purchase the lot and to pay for subdividing services.

Purchase price: $71,000 Sale price: $275,000 single family home bought and used as a long term rental. switched to STR and held for a few more years before selling to another investor What made you interested in investing in this type of deal?

Secure contracts with sellers at lower market pricing, then connect with cash purchasers eager to pay more, earning from the difference.

Purchase price: $70,000 used as a mid term rental..

It's perfectly fine to purchase your new property using a complete 1031 echange. 

What type of purchase did you make? 

This revelation prompted me to reconsider the purchase, as it indicated financial instability and substantial building repair needs.

Find the real estate deal you want to invest in and bring the contract to your new custodian where they will have you fill out a purchase authorization and sign the contract on behalf of your IRA.