If your town has tourism appeal, converting to STR could potentially increase your returns.There's also reasons to consider selling:Market conditions: Michigan's real estate market has seen significant appreciation in recent years.

Longboat Key and Siesta Key are two ideal locations for those seeking luxury properties in exclusive but less crowded areas.Orlando: Although more commonly known for its tourism industry, Orlando is emerging as a luxury market due to the rise of high-end gated communities and its proximity to theme parks.

Flexibility is the ability you need to embrace. 

., with a diversified economy and a strong job market.Opportunities: Multifamily developments, long-term rental properties, and flipping projects.Houston:Reason: Known for its oil industry, Houston has diversified its economy into technology, healthcare, and manufacturing.Opportunities: Commercial and industrial real estate investments, as well as residential projects.San Antonio:Reason: It's experiencing continuous infrastructure growth and is more affordable compared to Austin and Dallas.Opportunities: Affordable housing and expanding development projects.In Florida:Orlando:Reason: Orlando’s tourism industry continues to drive growth, alongside its rising status as a tech and medical hub.Opportunities: Short-term rental properties, multifamily developments, and new residential construction.Tampa Bay:Reason: Tampa is experiencing a population boom and is considered one of the best places for job growth in Florida.Opportunities: Waterfront properties, new housing developments, and commercial real estate.Miami:Reason: As an international business hub, Miami is attractive to both investors and high-net-worth individuals looking for luxury real estate.Opportunities: High-end residential and commercial properties, luxury condos, and fix & flip projects.Sarasota:Reason: Known for its beaches and quality of life, Sarasota attracts retirees and families, boosting its real estate market.Opportunities: Residential developments, vacation rentals, and waterfront properties.

Drop the Zen nonsense, start embracing Karen. 

If you are able to niche outside of the area you won't be affected by the regulations but can still benefit from tourism there.

Based on where you at now, paying off your mortgage and continue to grow steadily will easily get you there in the next 10 years with minimum stress and headache (minus WWIII happening, JK)If you are someone who are aspire to maximize growth, have a f*k you money and want to get into politics and expand your influences, and also prepared to embrace the headache and stress that come with that lifestyle, then you wouldn't want to pay off the mortgage but put your money somewhere else that would give you maximum return.

Tourism Recovery and Short-Term Rental RegulationTourism Demand: If tourism in your area is recovering, there might be a shift in short-term rental demand, which can create competition for mid-term rentals.

Many in the building industry had hoped the next generation of flippers would embrace building performance & remediate the ever aging poorly performing housing stock.

This will give you a feel for the numbers in realtime.Second, I'd advise looking hard at the travel nurse/corporate travel market, as opposed to general tourism market.After arbitraging for 6 months to a year you'll have a very good idea of where to find your 20% CoC opportunity.