I own real estate investments and I own other asset classes like stock, crypto, etc. and there are pros and cons to all of them.I will say there is nothing wrong with selling your property and utilizing the cash elsewhere.

Need to watch out for utilities like water meter, electrical, gas, and sewer.

I've been thinking a lot about Florida and I believe it's a great state for future potential investments such as purchasing and renting out (utilizing the BRRRR Method Of Course).

Many Airbnb guests will want common utilities unless it is in a remote are where you go as a sot to sleep while hiking the area. 

My thinking is that by renting to a residential care facility I can effectively utilize all the space, earn above market rent, and help provide a needed service, while avoiding tenant parking jams. 

From experience with mechanical and utility issues in distressed properties, I would also wonder why the breakers were removed.

Utilities paid by me or lawn mowing and snow, realtor commission for renting, legal expenses etc.  

The first apartments I rented as the owner, were previously rented by the former owner at $150 month including utilities. 

This property is gonna cash flow over $1000 a month after we're all said and done with utilities mortgage and more.

Welcome to BP - great contingent of people in the Dallas area both here digitally and in the in-person meetup community!