In the spirit of order of operations, might be helpful to break down in this fashion: 1) With your 401(k), do you have pre-tax money and post-tax Roth funds?

Depending on what your daughter paid she may also owe capital gains because now she is selling the house for $215 instead of $184.Subject to is probably a better bet for you.

I have an operate account for my cabin that I pay for as a backup.

Has anyone been in a situation where they acquired a condo and operated it as an STR when the HOA did not make the exclusion in their CC&Rs, but then faced resistance from the HOA?

Operator positions themselves as the owner of the Property Management company when they in fact, are not.

For appreciation, Columbus is your best bet.

However to date I'm not aware of anyone operating here. 

Almost like trying to bet on the next Amazon.

@Kayla Givens Do you own the houses where you operate the SL homes?

Yes, you can ultimately own a property with little/nothing out of pocket when you're done - but when you reposition with today's rates even moderately leveraged stabilized assets can be hard to find cashflow with debt service and a realistic operating expense load.