In my opinion, some associations have way too much control and tend to take advantage of the out of state investors (not all of course).Is your preference to purchase another STR if a 1031 is the play?

It is a fact that low-income people tend to abandon things when they move.

I echo what others are saying on here that hiring someone from fiverr or upwork tends to not produce great results long term.

Popular regional vacation destinations tend to have less rules, but not always the case.

If you are buying this property as a secondary home, a secondary home loan tends to be accompanied by a similar interest rate to that of a primary residence and could result in as little as 10% down.

A local Investor-Agent can help shorten your learning curve and save you a lot of headaches as they tend to understand the market better.Use Niche.com, Greatschools.org, and Msc.Fema.gov for your research.Good luck and make it happen!

Unfortunately, those typically don't have the highest # returns, but they do tend to have good appreciation over time and may have less "hassle factor."

@Amit Desai Unfortunately, rental properties tend to have higher rates because the lender takes on more risk than someone's primary residence.

VA property standards will apply here, and commercial real estate tends to be more beat up than residential in general, and on top of that high vacancy real estate is also almost always beat up real estate that has been poorly managed and maintained for several years.

Yardi's Advanced Budgeting and Forecasting module is wonderful and tends to be more accurate because it builds its forecast on all of your historical data.