Do I need to choose a location close to home or farther away?

However, if you choose to stay there for a bit and sell you'll get the first $500K of profit tax-free if you've lived in it for at least 2 out of the 5 years prior to sale.

Even with that, I had vacancy for 3 months, turnover expenses (rekeying, deep cleaning, etc), paying the one month lease to find a new tenant and also the new tenants are in at a lower rental rate then the prior tenants. (1500 to 1350)My Little Rock tenant has been paying but already slightly behind.

How many bedrooms does the property have and in what zip code is it located?

I didn't see a location option for Ventura, County, CA, I hope that's not bad news. 

What's the closest "affordable" location to you?

Across the remaining portfolio, I have a really good amount of equity which I can tap into based on opportunities but need to finish cleaning up my personal debt prior to going that route to get best rates etc.

Also keep in mind the location.

It was a great crash course on the basics of a RAL business from location, staffing, patient selection, and branding.

In Charleston County, the median home sold price was $626,134 in December 2024, up 9.5% from the prior year, with a median price per square foot of $342.