The whole process of finding my first home is quite nerve racking.

If generally athletic, you will want to probably spend 2-2.5k for a real home gym setup (freeweight dumbbell rack, freeweight bench and power rack, treadmill) that is marketable above the other listings out there. 

We are seeing Hutto start to absolutely fly off the rack.

Many of us believe capital gains taxes will be much higher in the future, as the Feds can't keep racking up $4 trillion in debt annually forever.I would probably sell to lock in your capital gains exemption, then look to deploy that capital into other real estate deals.

That's a nerve racking experience.

Strong winds combined with sea salt are EXTREMELY hard on wooden structures, concrete, and exposed metal.

I need to do some wear and tear type of work and also want to install few new things such as Microwave with hood and wooden floor polish.

Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!

I was falling behind on payments and racking up credit card and personal loan debt.

I've seen wine racks in them too, as well as X-large boxes of cerial.