NW yeilds can be spectacular per acre compared to other parts of the country.

Although I don't personally like the trends, they were supported the City of BBL's October Compliance & Occupancy Data, which provided the following:1 - The occupancy rate for October was 38%, which compares to 55% prior year; 2 - Average nightly revenue dropped by 36% on a year-over-year basis; and3 - Demand decreased by 22% on a year-over-year basis, while SUPPLY ALSO INCREASED by 13%!

If you believe your property has been overvalued, you can gather evidence (like comparable property values) and appeal the tax amount.

I would calculate and compare the numbers of, first what the property might cost you to hold onto it versus selling and repurchase at a higher interest rate without a 1031 exchange.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

In no way does a $4,400 repair or fence replacement extend the life of the asset and it is minuscule compared to the asset’s value.  

We have to do a calculation to see what your remaining entitlement will be and that will be based on how much your 1st home mortgage balances is as compared to the current Conventional Loan limits in the county that you purchase your second home in.

It's logical but will only appraise based on comparable sales and, if it's an area with few STR sales in the past 12 months, it will appraise just like an owner occupied home.

It is also relatively inexpensive compared to LLC formation, upkeep, and yearly registration/possible tax.The #2 point that makes this a mute discussion is you are not going to be able to move a property underwritten by a GSE (as most mortgages today are) into an LLC legally. 

It would help to compare your options.