Just scroll to the bottom of your listing link and you can see 4 places that are quite a bit nicer for under $1500.You are offering small 900sqft with an original kitchen, only ONE bathroom that is dated and has no counter space, an interior that is a mix of finishes and colors, tile ceiling, super basic light fixtures, no garage and a totally overgrown yard - all of that screams total neglect.

(Important timing note: Federal tax liens automatically expire 10 years from the date of assessment under IRC §6322. 

I work primarily with investors focused on short-term rental–friendly oceanfront properties, and something interesting has been happening here:Many of my clients are applying a modified BRRRR strategy to dated oceanfront condos — essentially:Buy older, underpriced units in established resorts → Renovate to STR-grade finishes → Rent on Airbnb/VRBO → Refinance after 12–18 months based on new income comps → Repeat with equity pull-out capital.Even though condos can be trickier with financing and HOA dynamics, the math has worked surprisingly well when:The HOA allows STR operations.Renovations target higher ADR and occupancy.The appraisal reflects short-term rental income rather than long-term leases.I’ve noticed this approach works best when you treat each condo almost like a “micro–multifamily” — tracking cash flow, management efficiency, and appreciation just like you would for a small apartment deal.Curious — has anyone else here applied the BRRRR method to condos or coastal properties instead of single-family or multifamily units?

But when it involves a 1031, it’s those extra layers (5-year hold + depreciation recapture) that complicate things.If it were me:On the “forever home” plan: hold it at least 2 years as a rental, then live in it 2+ years, and don’t plan on selling until at least the 5-year mark.On the older 1031: check your acquisition date.

She messaged me saying she is signed in, but needs me to change the "due date" to the 3rd because that is when she gets paid. 

Selling before that date would still allow you to claim the exclusion.Just keep in mind that the time it was used as a rental is considered non-qualified use, so you’ll owe tax on the depreciation taken (or that could have been taken) during the rental period.

Exactly what @Mike Dymski posted - only new owners that we take on will be marketed during these times and we quickly try to get out of that date range.

Hey Forum, I'm brand new to the conversation, I'm doing some early research and I want to make sure I get the most up to date advice.

I'm living off of cash reserves and burning through it - there is a well dry date looming on the horizon.

So pick wisely: date a lot, marry slow.