In my opinion, given the uncertainty of our government and stubbornness of inflation waiting around is not your best course of action.I'd cash-out asap and get that money into a CD generating a boring 5.5%.

The kids love this kind of thing.. but on rainy days, the parents love it too, because they might be stuck in your STR and guess what - there is plenty to do and the kids are not "bored".

Currently, with your layoff situation, you have the opportunity to concentrate on market analysis, studying trends, rental needs, property values, and potential value growth.

Purchase price: $1,345,000 Cash invested: $500,000 Sale price: $1,825,000 Case Study: 3142 Fairfield AvenueThis case study delves into the transformation of an 8-unit mixed-use property, a blend of residential and retail spaces, located in the vibrant Black Rock neighborhood of Bridgeport, Connecticut.

I suggest studying everything first considering the risk and your resources.

I didn’t have much of an opinion and actually skipped replying until I came up with a question.Will be able to tell how this actually affects prices by studying new build homes?    

There are studies out there that analyze the best vacation rental markets and the answer somewhat varies based on what is being measured.

We've completed a HELOC loan, invested through a SDIRA, completed two 1031 exchanges, and we just now are doing our first cost segregation study on our portfolio to reduce our 2020 taxes to zero even though we made over six figures! 

I'm a 2x House Hacker in Los Angeles (case study in the BP book The House Hacking Strategy) and I'm going to be direct so that you can incorporate it into your analysis. 

Due Diligence- Probably need to do a Phase 1/2/3 epa study or you will be taking on the cleanup risk.5.