Hey Marc, When tracking your real estate activities for STR management, particularly to prove material participation, it’s important to clearly document each task you perform.

Consider areas with job growth, as they usually lead to good returns.Feeling Ready: Confidence comes from a mix of education and action.

Research the MarketLocal Trends: Texas, particularly Austin and Houston, has been experiencing significant growth.

Put your numbers in a BP calculator with some conservative rent growth and appreciation and see what happens in the next 10 years.

Kill 2 birds with 1 check, reinvigorating areas and creating the growth and expansion that feeds not only housing needs but with all the ancillary things one needs to have along with a roof over the head. 

Networking is not just about making deals; it’s about building relationships that can support your growth as an investor.These financial lessons, particularly in real estate investing, have shaped my retirement planning and helped me build a more secure future for myself and my family.

Building Values for Investment PropertyWhen buying a residential property, one important yet often overlooked task is determining how to divide the property's value between the land and the building for depreciation purposes.

A lot of out of state investors reap the upside potential of the Nashville market (and protect themselves from some of the downside) by investing in the high-growth (yet moderately priced) secondary markets near Nashville (i.e.

3.Local Market Growth: Florence is part of the growing Shoals area, with 39%+ population growth since 2000 and proximity to Huntsville, one of the fastest-growing MSAs in the U.S.

You may be able to capitalize on this if your area has experienced similar growth.Simplification: Selling would allow you to focus on your new single-family investment properties and potentially expand in those markets.Capital for other investments: The proceeds from selling could be used to fund other potentially higher-yielding investments, especially if you use a 1031 exchange.Small town limitations: Depending on the specific town, there may be limited growth potential compared to larger markets or more popular tourist destinations.Given the stable cash flow, low remaining debt, and your established experience with the property, keeping the fourplex seems like a solid option, especially if it's in a location with STR potential.