I got a quote for roof repair, but of course we are on a time crunch due to the contract, and as always you never know how much more damage they find when they open things up.

Expect to spend $10-$20k in FC and of course all the taxes and insurance on the home during this time.

I’m comfortable sacrificing a bit on revenue in exchange for steady cash flow, lower expenses, and fewer headaches.However, if you come across a standout property with a pool and great amenities in Scottsdale, it could be very beneficial during spring training or for bachelor/bachelorette parties.

I have some vision in my head (which may not be based in the real world and change over time) a scenario where I sell my current house and use the equity to put a down payment on a smaller home or even rent for a short time, using the remainder of the equity along with some savings and if needed, family investors, to purchase a value add quad that I can reposition and roll into a 20 or 30+ unit property in the course of 18-24 months.

@Jay HinrichsReminds me of the cereal companies creating the nutrition / food pyramid.Of course they are gonna have an opinionated pieceI agree in vacation / beach areas they are great but once you start getting into true residential neighborhoods I can see them being very problematic

(Think of it like Detroit) Come on, really, OF COURSE NOT!! 

@Kumar R. of course you would never get on a plane and fly to Galveston for a vacation; that's not the point that is being argued. 

With NACA, you have to pay to take their course and that's the only way to gain access to their program. 

Frustratingly, those projections are released at the exact same moment as the Fed's rate decision and there's every chance that September's installment will cause some volatility in the bond market.For instance, if the Fed's projections are surprisingly friendly, mortgage rates could fall sharply on Fed Day and many uninformed onlookers will falsely conclude that the Fed rate cut was the thing that did the trick.One caveat to all of the above is that these conclusions are only as good as the market's understanding of the Fed's probable course of action.

Of course, if your STR is by a lake or some other highly touristy location I don’t think it would work as a LTR