Im more a hands on learning definitely and as far as living in a unit i couldn't yet because its out of the kids school district  plus the limited space. but thats the goal, to buy a small air or inn to manage and run for work while still renting in our district and then looking to buy since we're renters again!

I’d suggest running the numbers on each option to see which aligns best with your long-term goals.

@Mitchell Catoe What is your goal?

You are correct Stephen, that is why I said there is a process involved with it with the end goal of termination letter.

What's most important is what aligns with your goals and your investment thesis?

I see so many investors in deals that go wonky and all they worry about is there interest payments when goal number one should be just return of capital to fight another day..

However, due to rising insurance and tax costs, I'm starting to feel the financial pinch as the tenant currently pays rent 60% below the market average.My long-term goal is to acquire more properties, and I've considered doing a cash-out refinance to access equity for reinvestment.

With high price per door and high rates, you wont find any cash flow.STR market is also very saturated and we're seeing more regulation there.I'd keep the end goal bigger multifamily deals.

I would rather you focus on finding a market that gives you the highest probability of achieving your goals. 

Don’t hesitate to ask questions, share your goals, or contribute to discussions.