If you drop the PM and hold this property consider it a fresh start. 

That's a great person to start with!

Kid in college and one starting to drive   blah blah blah.I'm sure there are numerous places to cut money for sure. 

Quote from @Jackson Harris: Hey Kai'ler for our STR portfolio and what our investors do is start getting it listed on Facebook/Zillow rental/Furnish Finder/etc now as a LTR for that time period you're talking about.

Hi everyone,I’m new to the U.S. and excited to start my real estate journey!

But about 1 year after we bought the property, they started cracking down on the homeless in downtown Jacksonville moving the crime to the neighborhoods just outside of Jacksonville.

This might he the start of a new niche to take advantage of.  

Then, in April last year, my husband and I started a business, and I temporarily put both of those on hold while taking care of my dad.

I only buy if I can have equity right from the start.

I think everyone's situation is different, and when one crafts their buy box, they need to consider their current family and finances.For me, when I started, I wanted to buy 2-4 unit distressed properties in neighborhoods I wanted to live.