Plus financing and tax prep will be cheaper.

What is the current tax on the property?

Condos can be tough to cash flow due to high HOA fees...and special assessments. 

The next neighborhood over (literally across the street) is pretty nice, but falls in a different township that has higher property tax, and then the next neighborhood (about a 4 min drive and 15 minute walk) is much lower end, and while fine class C-ish area, you can't push rents much, and the village has its own income tax, so you will pay 2% of your net to the village...But back to first comment: take 4-5 days and travel to each.  

I owe no back taxes and I am currently up to date on my mortgage.

The obvious advantage is property taxes.

Hi Henry I'm actually in escrow in a 95 unit in Missouri and today is the last day of due diligence.

However, due to the whole area now being deemed by insurance companies as a "fire-risk" zone, I can't find a single insurance company to put a STR endorsement on a regular home owner policy up there.

The long-term strategy involves building equity, saving, considering taxes, and leveraging rental income for investments.

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