Here's some STR companies in the area that can possibly help you out...Go Wander Home Desired StaysThe Sosi

Can name their brokerage in there also to go after insurance. 

I live in New York as well, but have chosen to go out of state for my investments. 

On the other hand, keeping the house could allow us to maintain an appreciating asset in a desirable location.I’d love to hear from others who’ve faced similar decisions.

Expect rates for both to be double digits.If a cash out refi makes sense for your situation, you may be able to go up to 80% LTV to access more equity.

It is so when you die you do not have to go through probate.2.

.- it does not forecast rent growth or appreciation into the calculation.Those are not areas i desire to invest.  

Not only can you collect rent to go towards your mortgage, you're also building equity that can potentially be used down the road for your next home or investment.

On the flip side the clients I fund in my land deals are doing very very well in the foothill subdivision 50 miles or so west of the springs.. but thats the land game buy low sell high.. cant wholesale that stuff it needs to go on MLS to marketed and turn around time is generally 90 to 180 days but nice margins for my clients ..

Plus, if the property is in a desirable location, you may have little trouble finding tenants.However, there are potential cons to be mindful of.