Housing has always been super affordable there, and new construction has increased in recent years.

I had holes in my shoes but came to not mind it because I couldn’t afford to buy new ones.One day I wanted to go watch a movie.

Navy Federal does HELOCs on investment properties…not sure if LLC is OK…and rates are in the 10.75% range for an investment HELOC in March of 2024.  

There sure are fast track approaches to this but really depends on strategy. 

I’m not sure what is the best option here, if anyone could shed some wisdom that would be immensely appreciated. 

Make sure you tell them exactly your plan and make sure there isn't a catch.

.#10 CONTRACT - make sure what you are doing STR is listed in the contract - typically in the addendum section.   

About me, most of my assets are RE but in another market so I would be diversifying in that market.Potential for appreciation is very uncertain: prices have risen a lot locally lately and are as high as they have ever been, and it’s unlikely higher prices would be affordable by locals.

I would just make sure you're saving for reserves and expect that first year to be really about learning the house.

I’m not sure who paid legal fees but they must have been significant.