We live walking distance to downtown and would not trade it for anywhere else.The racing season is great, but the town is busy all year as well. 

Why trade a 3% mortgage payment for an 8% mortgage payment, on a similar priced house?

If I buy deals which are mediocre today, I doubt I regret them in 10-20 years if I hold.You're investing, some people here are trading.

Trade up to larger stuff later.

I'm predicting a lot of side hustle agents trading in their licenses for an Uber gig.

Like any trade, you need to get a few quotes, ask what they specialize in, and see if you are a good fit.

Qualification Tests Overview:50% Test: Real estate professionals must dedicate over half of their annual working time to a "real property trade or business."

I’ve seen vague listing descriptions where either the listing agent didn’t verify that fact or they were purposefully misleading by marketing those STRs as if the permit could be transferred to a new buyer.I certainly wish they could because it would help increase value of my home being able to sell the permit with it when I was ready to trade up.Hope this helps Andre!

They are usually good with their trade, but poor with their communication and with their business practices. 

Eventually, they will exchange their SFRs and trade up into multi-families as their SFR portfolio grows in value.