The answer to that would significantly alter your approach. 

This is the thing that will alter your likely asset value.For example, if I use a 20% down loan product to purchase, and a 30-year loan in Oklahoma, then I'll need to bring around 2.7% of the purchase price to closing in addition to my down payment. 

It sets the stage for a project that could alter investment and development across the Westside for a generation.Impact on Grove Park: “We are continuing to monitor the scale of this investment,” said Debra Edelson, executive director of the Grove Park Foundation.

What you could do with some or all of that extra savings from those tenants is pay down your car loan faster, so you aren't just picking one way or the other.All of this does rely on many factors that you will just have to uncover with a lender and go from there because your specific situation may alter how to approach things.Bottom line: Paying off bad debt(your car) is a good thing, but if you can utilize the funds you would have used to pay off the car to wealth build and accelerate the pay off of your bad debt with that accumulated savings...that is POWER and could position you for a fruitful beginning in REI.Best wishes to you!

That's a six figure profitable business.What's funny to me is if she slightly altered her renter resume to say she's running a small business that has a net profit of $100k per year, you'd jump for joy at finding a great tenant, but because her "job title" is Instagram influencer, she all of a sudden has a high probability of not paying? 

With this being said, I’ve also noticed that not very many people (in my area at least) aren’t altering their short term rentals to be more accommodating to their new market of guests.

I want to see everything and verify it myself that they haven't omitted or altered anything. 

In addition, there are some people speculating that the 1031 could be eliminated or altered. 

This artificially altered the true supply/demand ratio  Very low interest rates that became lower to spur the economy to combat the economic impact of Covid  Realize that both of those reasons are Covid related and have resulted in a current price in excess of what would have otherwise occurred.  

I can't believe I didn't consider the fact that my rented basement will alter my income as the lender will see it.