I hope that things continue to look up for both you and the park and that this success will lead to other deals in the future for you. 

Boise continues to grow so, this excess supply of rentals will be absorbed over time.

I will pay a fee if I do not continue with their plans(obv not perfect, but you get the idea).

As River already mentioned, I would also suggest looking into meetups as well to continue to learn and grow your network. 

I currently own two properties in California, and at 21 years old, my goal is to continue purchasing properties and eventually pay them off to achieve financial freedom.I’m considering two options:1.

Doesn't seem like the FED has much control this time around considering the 10Y T bill (and 5Y) continues to march higher even with the FED fund rate dropping.

Using a HELOC for the down payment is feasible if you have a plan to repay it with bonus payments and tax savings.

My advice probably isn't the one that will maximize your return, and it may not even be what I will follow as we continue to grow our portfolio, but here it is.My wife and I manage 5 units (4 we own, and 1 we arbitrage), and we allow anyone to give us 30 days notice to vacate at which point they can be let out without penalty.

Colorado Springs is a beautiful place to live and will continue to attract new residents from all over the country for decades to come! 

Those people overlooking what it means to “materially participate”Here’s the Material Participation Criteria:Spend more than 500 hours on the short-term rental businessDo substantially everything for the STR businessSpend more than 100 hours on the activity and no one other individual spends more time than you doSignificant participation activity for more than 100 hours, and your combined activity in all significant participation activities exceeds 500 hoursParticipating in the business for five of the 10 previous taxable yearsPersonal service activity (non income-producing) for three of the previous taxable yearsRegular, continuous, provable participation in the business for more than 100 hoursA Cautionary Tale: The Story of JacksonLet's take a moment to learn from the mistakes of others.