You can play around with how much you want to take out.

Plus, having a fully paid-off property could be a nice safety net if the STR market takes a hit or occupancy slows down.On the flip side, if you’re eager to grow, saving for another property could be the better play.

@Brady Ascheman To make the decision strictly from a Property Management standpoint you have to calculate your vacancy cost and cost to acquire a new tenant to know if a rental increase is even a smart play. 

The STR part plays no part in the valuation like @Patricia Andriolo-Bull said.I agree that 20% is pretty fair, but you could self manage it once you get things in order.

The specific assistance organization, the screening of the tenant, the property, and the PM company that should be communicating with the tenant all play a role in the success of your investment in regards to tenants.

If it's a long-term play, the potential savings on PMI with a conventional loan could be significant.Have you compared rates for both options?

Building this company with my family has taught me the power of collaboration and the importance of playing to each other’s strengths.

Apparently the scope of activities / investments that had this "bonus" increased.Perhaps it will be of interest to you: - Title "RESIDENTES NÃO-HABITUAIS Desconto no IRS alargado a pilotos, trabalhadores do turismo, construção e agricultura" - https://leitor.expresso.pt/semanario/semanario2436...Regards, Rui

I am a current Senior at Catholic University of America playing Baseball and finishing up ny accounting degree.

Redeveloping into mixed use live/work/play projects has been the most common proposed solution the past few years in my area.