Suspended LTR depreciation/losses often aren’t lost, they can carry forward and may be released when you sell, so the “can’t use it” point may be overstated.Real estate sale taxes aren’t just 15–20% LTCG: depreciation recapture, possible 3.8% NIIT, and state tax can raise the effective rate.A 1031 has strict deadlines (45 days identify / 180 days close); if you need more time, consider reverse 1031 or a more passive “parking” option like DSTs.STRs can potentially offset W-2 income, but it’s more complex than “100 hours”—material participation rules and documentation matter.Cost segregation can be powerful but only if the deal supports it; it accelerates depreciation and can affect future recapture.Consolidating into fewer properties can reduce operational risk, but watch market/regulatory/insurance volatility.Best next step: compare hold vs sell taxable vs 1031 with full tax/return components (recapture, NIIT, suspended losses, timing risk).Always consult with a CPA who specializes in real estate.

Quote from @Adam Macias: Handwriting letters has been more effective right now than anything AI can do for me in real estate.But a real handwritten letter. 

I think if the numbers works these can be the most solid investment in all of rental real estate.. super easy to build easy to maintain and by and large your not going to have many if any non paying..

I’d appreciate any insights on how to effectively generate leads in each type of market.If you have recommendations for helpful resources or proptech tools that support lead generation, I’d be grateful for those as well.

Maybe I have just been through the process so many times I am tired - but buying existing is easier and typically more cost effective, at least in FL. 

Adequate reserves can be an important lifeline for investors maintaining a portfolio in retirement.

Quote from @Martin Zitzelberger: @Bo Smith  thanks for the response, so effectively if the property is reassessed at 80% this would kill all cashflowing.

These controls are intentional and help us maintain a low fraud profile, but the communication should always feel constructive and solution-oriented.If you are open to it, I would welcome the opportunity to review your renovation payment needs and move you to the appropriate tier structure so you are not operationally constrained.

Keep in mind YOU are being SUPER reasonable here allowing her to maintain stable affordable housing.

From her perspective, a small increase is often more cost-effective than relocating, which would involve a new application, moving expenses, a new deposit, first month’s rent, and additional fees such as insurance or a resident benefit package.To help offset the increase and encourage tenant retention, you might consider offering a small improvement, such as updated light fixtures or another minor upgrade, that adds value to the property and enhances the tenant’s experience.