@Donald Aleshire - conventional lenders do not require W2 income, they require a 45% DTI based on the income you reported on your tax return (last two years average)

(You’ll have to replace any existing mortgage(s) with a new mortgage or out of pocket cash.) what will the new interest rate to do cash flow/returns (if new mortgage) or returns if you have to add cash.

If he could return, he’d have built the Onera Fredericksburg project publicly—sharing progress and connecting with future guests through Instagram and TikTok long before opening.

IRA was not making any money and I was able to redirect for higher returns.

Here are things that would not transfer with a sale:-2.5% interest- prop 13 property tax benefit is saving ~$40/monththese are awesome advantages that are tough to match   In addition you have achieve outstanding return from the appreciation since purchase.On the other hand, you have $300k of equity which places the LTV at ~65%.  

just know that you will likely be INvesting cash for several years while it's stabilizing, and you may not cash flow or see any return whatsoever for 5 or 10 years or longer.to quote the princess bride - anyone who says differently is selling something. 

Quote from @Jon Fletcher: Now that 100% bonus depreciation is over and tax returns have been filed, the next question on a lot of people's minds is: Can I switch my STR property to a long-term rental?

I’m hoping to connect with investors who have experience in these areas and are willing to share their insights.Right now, my primary focus is on Yield and Cash-on-Cash return, and I’m looking to build a solid team around these investments.

I might be very wrong here, but entry point into the local properties in phoenix metro seems to be very high which makes cash on cash return seems to be very low or difficult. 

You would have your $175k equity left “invested” to receive interest of $32,000 for a 18% return.