Welcome, best of luck on your journey. this is a great platform to be in

We're exploring creative ways to provide him with the cash needed for the down payment while avoiding triggering a taxable event.One strategy we're considering is purchasing his future primary residence ourselves, making the mortgage payments, and then, once we've built enough equity—comparable to the appraised value of his rental properties—transferring the title to him as a form of exchange.What are your thoughts on this approach?

I’m currently exploring the Short-Term Rental (STR) market in Ft.

@Eric Helena, There is no statutory prohibition against purchasing from a related party to complete a 1031 exchange. 

I wanted to take a moment to thank those of you who have already reached out or engaged with me since I joined this group.

This is a great place to learn and to connect with people so take advantage of all the great resources.Welcome aboard and best of luck investing!

I think we will be seeing more and more of this.

But the biggest issue is not being signed into both this account and my own at the same time.

Average occupancy at time of sale this year was about 50%.

In rural areas where I am, like northern Johnston County or northern Harnett County, I don't think there are many laundromats relative to the population.