Where am I in the capital stack4.

Am I potentially exposing myself to some sort of issue here?  

With a $3500 mortgage just being over 50% of my W2 income (im make about 3100 per paycheck) am I biting off more than I can chew in case of vacancy?

Am I on the right track?

Am I missing something?

Say I want to buy a property to operate it as a STR (with material participation avg < 7days stay).If I travel to the beach to see some properties I am interested in, am I allowed to deduct the travel, stay, meals as expenses?

@V.G Jason lol what am I making up?

Am I a fool not taking the mileage expense?

Some townhomes are like $250,000 and rent is still $2000+.Where I’m from, a $400,000 house would probably rent for about $2000 so I was pleasantly surprised to see how much more rent you can get per dollar, is this pretty standard or am I missing something about Freeport?

Likely I'll return to Mississippi when she is gone a my son and granddaughter are still there.