Since you are retired, you want to preserve that $200k and make it grow I assume?

Will this home be something you use as a ladder to another, or will it be in your portfolio to grow wealth and cash flow in the future.

It is the most popular software in the industry, and most Tax Preparers are familiar with it, which makes tax season easier.My Recommendation: Spreadsheets are usually fine for your first 1-3 properties. 3+ properties, you should use a software.

@Scott TrenchThe distressed office market offers a "Blood in the Water" opportunity to invest in suburban office space, with a cap rate of 10-12% and a growing demand for shorter commutes.

We just had a brand new installed furnace grow legs at one of our properties overnight. 

The market research and development can be intensive, but there’s growing demand in many areas, especially near popular natural destinations.Best of luck! 

I understand a very high deductible may result in Tenant not reporting small issues that may grow to become expensive repairs.Any advise would be appreciate.

@Brad Herb Investing in a syndication via a Self-Directed IRA (SDIRA) offers tax advantages but comes with fees and limitations:Advantages:Tax Benefits: Gains grow tax-deferred (Traditional SDIRA) or tax-free (Roth SDIRA).Avoid Penalties: Keeps funds in the IRA, avoiding early withdrawal penalties.Diversification: Adds real estate syndications to your retirement portfolio.Disadvantages:Fees: Setup, custodian, and administrative fees can reduce returns.UBIT: If the syndication uses debt, income may be subject to Unrelated Business Income Tax (UBIT).Complexity: Strict rules; all income/expenses must flow through the SDIRA.Illiquidity: Syndications are long-term, locking up funds.Use an SDIRA if the investment is significant and the UBIT impact is minimal, especially with a Roth SDIRA for tax-free growth.Remember that RE, outside of retirement accounts, provides the biggest tax benefits.This post does not create a CPA-Client relationship.

It also has become a popular travel destination over the last 5 years or so, so there has been an increase in competition in the STR space as well. 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.