I have no RE investing experience and my investments to date have been in equities.I am currently torn on what to do with a home I own, as changes in personal circumstances have moved me out of Florida 1k miles away and I won't be returning in the foreseeable future.

To follow some else’s INVESTING RULES is to follow rules adopted for some else’s investing goals, risk tolerances, and current financial circumstances instead of your own. 

In order to obtain homes in a competitive market, be open to investigating various financing options.Off-Market Deals: Take the initiative to look for off-market deals by using internet resources, direct mail campaigns, or money-driven searches to locate motivated sellers who might be willing to sell their homes for less than market value.In the end, success in the SLC real estate market comes from perseverance, understanding the market, and being flexible enough to adjust to shifting circumstances.

To identify the best financing option for your circumstances, compare terms, interest rates, and required down payment amounts.Assess Property Management: Having dependable property management in place to handle your Chicago investment property is essential for long-distance investors.

At the end of the day, perhaps choose the one you find most desirable for your circumstances. 

I certainly would NOT do this at all if I did not have other positive cash flow properties to to hedge against the variety of circumstances that could turn it into negative cash flow.

Community banks may ask for deposit relationship minimums and even deposit escrows at times depending on circumstances too.   

Neither situation leads the investor any closer to wealth accumulation, except in rare circumstances of inflationary price increases, and onLy IF he has the ability to subsidize short term loses.   

Anyway, if it’s murkier than that, and there are circumstances that trigger some sort of non-compliance zoning/code issues, then you’re at whatever the hell process they say, and you better follow it through, cuz they have the law on their side if that’s the case. 

But this is bRrrr, and that first R will test you under any circumstances.