The jobs report likely won't impact whether rate cuts will come, but could impact by HOW MUCH rates will be cut.

@Marc ShinI'd hire professional management...If it's going to be an STR, you really need it to be top notch, appear top notch, and be managed top notch"Minor updates" may not cut itBut I only have the limited information you posted

For the 10 year period spanning August 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.5%.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve is predicted to cut rates as many as three times before the end of 2024 (see here).

If your plan has both tax-deferred and Roth 401(k) components and is written to allow for in-service Roth rollovers (most do), you could roll the money you've stashed in your traditional IRA into your tax-deferred 401(k) and then do an in-service rollover, once the money is in the 401(k).

That would leave you with $230k to do the renovation, and cut down your negative carry by 2/3. 

since my goal is to be able to cut down my hours for quality of life purposes.

This is California for you, cut throat.Lastly, we have no copy of the loan contract and all we have is the paperwork from the Elite Home Energy ( work order and notice of cancellation).

**Essential Coverage**: What are the key components of a comprehensive landlord insurance policy?

I have seen too many people not only getting in trouble with the IRS, but losing their investments to sketchy but appetizing "opportunities" to cut taxes.

The worst thing you can do is be seen as an unreasonable and irritating component.