If managing it yourself feels unsustainable in the long run, hiring a good property manager could give you more peace of mind.Since a 1031 exchange or like-kind replacement doesn’t seem to be a good fit for your current situation, you could consider a HELOC if you need to tap into the equity for other investments without selling the property, although rates are high so this would eat up your cash flow.

I am pretty handy and have done plenty of restoration work myself and not afraid to put in some elbow grease. looking into real estate to get the wealth ball rolling but feel a little uneasy given the current state of the economy. what would you do in my shoes?! 

Feel free to reach out if you have any questions or need help determining the best path for you.

Feel free to reach out and we can connect and talk about your specific goals.

Please feel free to utilize me as a resource if you want to run through a deal or discuss any of the national or local wholesalers out there. 

I have a feeling Florida will catch up soon after these last storms. 

The rental had ratty furniture, a record player prominently featured in the marketing but it had no speakers, missing basics items in the kitchen, lots of drunks in the concrete hallways that reverberated right into the bedroom at 2am, a strong odor of urine outside, and more.We have super hosts in this forum that have hundreds of 5-star reviews and are masters of the craft, but I look at their rentals and see they don't have any artwork on the walls, decor is basic, they do nothing to make the guest feel welcome, etc. 

I’ve definitely been stuck in analysis paralysis, now I feel I really need to make up my mind and target purchasing my first OOS property in the next few months.

I feel I'm finally ready to spearhead my own project.

Feel free to pm me or email.