., the Colorado lots),Either hold them as-is or do a build-to-suit 1031 exchange (complex, using an Exchange Accommodation Titleholder),Rent the new builds for a reasonable period (typically 1–2 years) to show investment intent, thenSell or 1031 again later.The key test is intent to hold for investment, not resale.

It's worth noting that both counties aren't typically on the "wealthy" lists; in fact, often quite the opposite.

These items typically include the following: 1.

Management fees typically run 20–30% of rental income, plus cleaning, maintenance, and insurance, which has been rising in Florida.

Hey @Elena Lyutenko - Assuming you’re considered a US tax resident (which most H1B visa holders are), you can typically claim depreciation, bonus depreciation, and other rental property deductions just like any other taxpayer. 

Thats whos active, then find for sale listings and contact those brokers.You can email anyone, they will typically forward your email to the right person.

Other rental strategies typically have higher returns but require more work and can be location dependent:  short-term (by the day aka AirBnB) and mid-term (less than 12 months targeting traveling nurses and other workforce labor).  

Did you work out the numbers on a typical cost of a build in your area? 

Things like : which areas rent better than others , does this part of town favor single family or multi family, what / how long is typical vacancy, what makes a property stand out compared to others .

The owner, PM, accountant, and bookkeeper are probably all capable of this work.My HOA dues only typically change once a year, so they are on auto pay.