That experience taught me the importance of leaning on local expertise, even if it feels like an unnecessary expense at first.One strategy I’ve seen work occasionally is offering the tenant a “cash for keys” deal, where you pay them a small amount to vacate voluntarily.

Start small to learn the market, people, and areas where you can achieve success.

You need to pay the small bill to mitigate your risk of thousands of dollars of damage due to pipes freezing if the electric was off.

Are you suggesting that being crammed in a small hotel room represents a better experience than being in a comfortable homey Airbnb?

Maybe start with small meetups or forums in your area (or Gulf Shores) to learn from others' experiences.

I cant tell you how many rescue loans Ive underwritten for small businesses who relied on a LoC for liquidity and then had the line frozen or called unexpectedly.

We plan to remove them all to protect from tax increases on our current primary, but I am afraid that now that the other properties won't have homesteads, we may see skyrocketing tax bills and it will eat into already small cash flow from rental income.Does anyone have advice for how to handle this situation other than just increasing rent?

Quote from @Jonathan Small: @J.

Even getting out with a small profit will add to your return as long as you don't lose it all in taxes.

Adding small units in small unit counts is expensive development.