If you were renting to an only a couple as a long term tenant and they beat each other up (domestic violence) your liability is minimal.  

The Property will be a good long-term investment whether you do the dig down or not! 

. - The 4% rule is a helpful benchmark but leaves a LOT to be desired in terms of projecting retirement income from a liquid portfolio.

@Matt SchreiberI bought my one and only short-term rental (STR) in North Myrtle Beach in February 2024.

But long term, I can’t hope to be a little giddy, always with a skeptical eye toward the horizon, of course.Be cautious out there.

How to Track Regulatory ChangesStaying up-to-date might seem daunting, but the right strategies and resources make it manageable.Key Resources:Local Government Websites: These often publish updates to zoning, rental, and housing codes.Real Estate Associations: Organizations like the National Association of Realtors (NAR) or local landlord associations offer regular updates and seminars.Newsletters and Blogs: Subscribe to reputable legal or real estate blogs for insights into upcoming changes.Professional Advisors: Build relationships with real estate attorneys and property management professionals who can provide guidance tailored to your market.Pro Tip: Set up Google Alerts for terms like “rental law changes” or “landlord regulations” in your area to receive real-time updates.3.

I would use an experienced broker who can shop around and help you compare best terms on a National basis.

Was that purchase money, rate and term refi, or cash out refi?

I do generally agree with the sentiment of Austin and the other hosts that fundamentals will always win out in the long run, and this by nature is a long term industry, even the sales side I'm learning.  

The term Certified Broker is intentionally deceptive in my view.