Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Plan to rent the property by the month, targeting traveling nurse/Dr. 

Time the Sale Strategically: Selling the property in a year when your income is lower can place you in a lower capital gains tax bracket, reducing the tax rate on your gains.8.Deduct Selling Expenses: Costs associated with selling the property, such as real estate commissions, legal fees, and advertising expenses, can be deducted from your sales price, thereby reducing your taxable gain.9. 

Typically it is asking too much for rent, but it could be your advertising is poor or your property is not in good condition for that area."

You need to get referrals from friends/family/locals...most GCs will not advertise in the normal places.

I'd probably target a $500k-$550k home next to get around 15%-17% down. 

It may also help keep the litigation target off your back.As always, check with your competent legal counsel--not all attorneys speak fluent "trust function and formation".

I’d recommend starting with resources like Short-Term Rental, Long-Term Wealth by Avery Carl and real estate podcasts like BiggerPockets, connecting with investors in vacation rental groups, and researching reliable management companies in your target areas to make the process as hands-off as possible.

.: Hello all,My wife and I are a first time RE investor and have narrowed down to Columbus as our target market.

One other positive side effect of having leverage on the property is that it is less of a target for a potential lawsuit.At the end of the day it really comes down to your objectives and goals as well as your personal preferences and comfort level.