Quote from @Miguel Del Mazo: Knowing more about the area, it sounds like you'll have an ideal avatar of wealthy, young and trendy professionals that aren't ready for or looking for a home to own.

It sounds like you are pretty big and you already have your own ecosystem.

If there is a renter in place, you may be able to do a cash out loan without changing who owns it. 

@William BohanWell, owning out of town means finding good "people" to manage and support your investments... 

The 15 year fixed would be about $1,000 out of pocket monthly.We own other single family homes in the area and cash flow on those.

The property that I have, my family owns is not currently an Airbnb or a short term rental.  

I own a 4000 square-foot warehouse that has about 1/3 of an acre lot fenced in.

I currently live in San Diego, Ca. but have been looking in the midwest, mainly Iowa, Indiana and Ohio, for properties.Hey Janet, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

Since you are not a skier, a home or cabin that is close with its own hot tub and other stuff sounds great You can do much more with a home than a condo.

This gives you the flexibility to find a deal on your own timeline and to act quickly when a deal does come up because you won't need to get bank approval to use the line of credit.