That $500K could easily kick out another $5K in tax-free income per month.Combing the above two paragraphs $10K per month in tax-free income is the equivalent of $200K in W2 (highly-taxed) income.Mixing vacation dreams and investing usually sub-optimizes both.

  - Optimally, a national lender able to offer financing in multiple markets or States. - Seasoned with proven track record and positive reviews of performance.- Dependable, trustworthy and professional. - Weekends are workdays. 

Hi All, I have 9 properties spread among 3 states. My properties in 2 states account for about 80% of my cash flow, but the 4 SFH I have in Birmingham account for only 20%.I don’t want to sell as I’ll incur lots of ...

If you can trust your team to handle problems while you're in another state, have time to make the property the best it can be, and optimize the listing to bring in as much revenue as possible, then go for it! 

I also let Facebook optimize the ads for me.

Cape Coral also offers a great supply of homes that are not in flood zones and otherwise have low storm risk, particularly with some newer buildsIn terms of cash flow, single family in general is not going to be the best bet for optimizing that focus.

At 3% a year (guesstimate) that is $4,800 more the house is worth each year.So the optimal play might be to rent it out for 2 years, make $9,600 in rent, gain $9,600 in market appreciation, then sell it and save the $20,000 in capital gains.  

However, there are pros and cons to this approach:Pros:Streamlined Operations: Property managers can integrate their systems more efficiently, leading to potentially better management and guest experiences.Experience and Optimization: They might have established profiles with good ratings and reviews, which can help attract more bookings.Cons:Loss of Control: If you stop working with the property manager, you could lose access to the listing and the reviews associated with it.Dependency: Your business becomes more reliant on the property manager, which could be problematic if the relationship sours or if their service quality declines.As an experienced STR manager, you're already familiar with many aspects of managing rentals.

With a 605 he is already not able to obtain optimal financing, easy rentals (at least in my market), etc.  

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and handling multi-entity structures.