This is your chance to pick a state with no income tax if you wish to avoid that in the future.

Sounds like being super proactive by picking out a place before selling the old one is a safe bet.

Based on your goals, the amount of time you have to be involved and your risk tolerance, you can pick the strategy that suits it best.

._____________________________________________________________________________________________________________7/28/24 - UPDATE WITH NEW PICTURES.Hi all, just sharing the update and the experience, we finally after interviewing about 4 different contractors picked the right one so far.

Renters insurance price will vary depending on the value of the renters' personal possessions (furniture, clothing, artwork, jewlry, etc... whatever the renter chooses to have the policy cover) in the rental  the liability amount will be added to that base. 

Don't pick a random city far away. 

I pick up rentals all the time with 15- 20% net per year income, based on cash purchases.

You can still pick up a good STR/LTR up in North Conway and around Merideth.  

I would 1,000% pick Own it Detroit.

I picked up a cabin there in 2021.