Yes, this should make a good rental.Here's a guide that describes what good cash flow looks like and how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...

A good way to get an understanding of how to get into STR is :STRATEGY: Start Up Guide to Short Term Rental Investing 

I had to take my wife to the ER in Canada on one trip.. they wanted 3k deposit to even see her..

Your point on deciding which sacrifices you want to make seems like good guiding words when considering different investment opportunities.

I host meetups and would be happy to connect you with the right people to guide you through that 1031 process. 

Looking forward to seeing your insights, and I'm sure you'll continue to inspire and guide others in their investing journeys.

If you end up in Cleveland you'll want to read The Ultimate Guide to Grading Cleveland Neighborhoods to give yourself an in depth idea of the market.

I also just use word processing to create a guide book. 3 ring binder with sheet protectors.I put in all sorts of things like local menus, maps to cool places etc.

By consistently researching the market and recording both my own and my colleagues’ transactions, I’ve built a substantial database of closed deals, which I use to guide my clients effectively.

It comes with guides on how to ride the tubes, a crash course in local customs, places of interest, places to avoid, and holly cow it looks just like what they had in there heads of what a London "flat" would look like, so charming and so "Brit".....