I built half a dozen homes in Seaside Or on the hill above town and half way up my street was the start of the safe zone for Tsunami  when you put that into perspective..

It allows me to see things from a different perspective. 

But, the deal has been struggling from an operations perspective.

The coffeehouses get a continuously evolving selection of art to keep their property looking fresh and interesting and the artists get a high traffic location to advertise their wares.

Since I am not very familiar with their experiences and perspectives, I would love to hear from those of you who have had interactions or experiences with LGBT tenants.

From a business perspective only the choice would be stay right where you are.But you are at a time where a vacation rental you can use yourself is attractive. 

From the `1031 perspective only the contribution of a previously exchanged into an LLC or other corporate structure does not have to create a taxable event - particularly if you're simply creating a disregarded single member LLC.  

It was a breath of fresh air. 

Trying to educate myself on all the rules that I need to follow from regulatory perspective before the property is rented.  

@Bob Asad While this negative cash flow scenario presents challenges, I am of the perspective that it doesn't necessarily mean the investment is a bad decision for you.