When touring with investors, I have seen 0 suitable for my family. 

Persistent late payments, credit accounts in collections, etc are what shows me they are not suitable applicants.

Rather than deplete the tax-sheltered IRA, you could continue to grow it and only distribute to yourself the minimum amount required, or perhaps a bit more here and there as suitable.

This means that it's in a location that is known to be suitable for short term rentals and is allowed by the HOA.

Beyond a local CU or bank the next best way to find a suitable location is probably a referral from your RE broker or listing broker.

It would be best for you to go over a suitable business structure and tax implications.

I can't know this for certain, of course.Not sure if this is worth pursuing with a lawyer or chalking this up to a lesson learned (be very careful buying properties in a wet area with finished basements, ensure it is suitably water-proofed).

I'm trying to figure out what kind of insurance plan to get that would be suitable for both these exit strategies. 

I made that mistake when I first started by trying to adjust the entire home, so it would be suitable if i were to live there.

Household Composition: 77008 shows balanced demand for both family-oriented housing and non-family units, promoting investments in single-family homes and high-quality apartments. 77063 indicates higher demand for rental units and smaller homes, focusing on apartments and affordable housing options.Despite higher entry costs and a lower percentage of renter-occupied units, 77008 appears to offer better prospects for appreciation and lower vacancy rates, making it a more suitable choice for investment.Greater Heights OverviewThe Greater Heights area (77008), often referred to as "The Heights," is renowned for its prime location offering a blend of amenities, top-rated schools, and abundant job opportunities.