I saw your comments about not wanting to manage properties in two states, but perhaps you can find a great PM for the FL home.Regarding the numbers you mentioned above, it very much depends on the specific location.

Closing Costs – Remember to factor in refi fees and how long you plan to hold the property to determine if refinancing will save you money overall.Since you mentioned owning the property for only a year, your equity might still be limited, impacting your options or leading to higher costs.

Your other levers are revenue (which as you mentioned is capped) and expenses (which congrats to you are low).

I definitely think with your age and the money you have, I would look into a vacation type area that has STRs.

Hi Derek,You may get better feedback if you mention what type of connections you are trying to make.Are you looking to meet other investors in Nebraska?

It is actually just a tool to create the already mentioned accelerated depreciation.

There are also a lot of people out there that will hate on getting coaching, some due to the bad actors I mentioned, but some due to a commitment to do everything themselves.

As for other ongoing expenses that will really vary by property age and condition.

This is a website that was mentioned in BP Money Podcast EP 303.

As others have mentioned it would be very unlikely they would allow that