Forward to 2023, the tenant is unfortunately moving out.  

I am at an inflection point where I need to decide if I should try to sell or rent it due to possibly moving for a job change. 

Listening is the key!  

Thanks to everything I’ve learned from the podcasts, books, and this community, my wife and I currently own:A triplex in MaineA single-family rental in San AntonioA single-family primary residence in Las Cruces, NM, which will become a rental when we move in a few monthsFor context, I’m an active-duty Army officer with about 12 years left until retirement, and my wife works for a university in Boston.

We are seeing people move from higher cost of living areas like Raleigh, Durham, chapel hill, and even Greensboro.   

Instead of focusing on move-in-ready rentals, consider fixing up a cheaper property (BRRRR method) to add value and boost cash flow.

The key thing to remember about STR in Cashiers is that our "season" is really only about 12-16 weeks.

Best of luck moving forward with your sale though!

.- The townhouse you're moving into is currently a rental, but you plan to live there two years for the 121 exclusion.

@Alejandro Martinez I'm a fellow Canadian from just down the QEW from you (Hamilton) and moved to Orlando just over 5 years ago to invest in real estate full-time.