It's a small place so I'd guess it won't rent for enough to cover your expenses anyway so I'd probably sell, especially if the loss is small, it unless it's in a great neighborhood that you think will do well over time. 

I’d love to hear your thoughts on whether this approach makes sense or if there are other strategies you’d recommend to optimize profitability.Thanks in advance for your advice! 

It occurred to me today that I've never asked about umbrella insurance claims.I’m particularly interested in real-world examples where this type of policy came through during:Property damage (fires, storms, floods, etc.)Liability claims involving tenants or third partiesMajor unforeseen eventsIf you’ve ever had to file a claim and your umbrella policy saved your bacon, I’d love to hear:What happened?

Hey Rafael, as someone who's been investing in Florida for 20 years, especially in Tampa, I'd say you can’t go wrong with focusing on this market—it’s got strong appreciation, great rental demand, and tax-friendly opportunities.

I'd be happy to assist with the financing portion (if you are considering here in HI).

I’d plan for extra amenities like special decor or concierge services. 

If you're planning on letting a property manager manage it for you then I'd let them do it.

I'd make sure you're very familiar with the university's schedule & event calendar.

I’d appreciate any guidance or tips to start on the right path.

I imagine I can get his wages garnished or maybe collect from his tax return.