Now I'm back to this vacant property in Canton and although I still think it would make a great MTR I rather focus on acquiring another property and putting my capital there.I'm currently weighing all my cashflow options for this Canton property and trying to find the best balance of additional funds and maximum cashflow.Here are the options I can think of:*Let PM take over and just LTR it (no extra capital, minimal time managing, minimal cashflow)*Find someone to manage the MTR (extra capital needed for furnishings, then either rent whole house or rent by the room, better cashflow)*Rental arbitrage (no extra capital, better cashflow than LTR?)

Google awning airbnb management or awning vacation rental buying for some experienced leads.While the three-month rental minimum in Crystal River may present some challenges for short-term rentals, it's important to remember that Airbnb investing is all about finding the right balance between profitability and compliance with local laws.

When they move out and if their balance is not paid then we hand it to collections, put it on their credit reports, and in some cases seek a judgement.

It's a good practice to reconcile your book balance with the amortization schedule balance periodically to make sure they're in sync. 

It allows you to leverage your notes if you have the balance sheet to make the bank comfortable.

I have the remaining balance in cash but that ties up a significant amount of capital and overall isn't really justified in the ROE.

I have a free and clear, rented property I intend to keep for now, but want to get a loan to pay off another property's loan to 1031 it with no mortgage balance. 

Must withdraw the full amount, fixed rate for the balance of your loan, must pay origination fee, choose short term of 5 yrs to lock in best rate.

It is always a balance @Jacqui Casey.

This can give you bigger tax deductions sooner, which might help balance out the tax you owe on your sale.Capital Gains Exclusion: Since you lived in the property as your primary residence for at least two of the five years before selling, you might already know about the $250,000 (single) or $500,000 (married filing jointly) exclusion on capital gains.