This active income can help me fund my retirement as well as help me get reimbursement for home office and health care premium while lower my tax liability.

The 2-story building had a restaurant on street level and office spaces on the 2nd floor.

I think buying points right now is probably a bad idea.

But the idea of saving $10k a year in property taxes sure is appealing. 

Quote from @Dunn Dela Cruz: Quote from @Jon Crosby: ForemostIs it a good idea to keep my homeowners insurance while obtaining a STR insurance?

Is this a good idea, or should just auction it off to the highest bidder and be done with it?  

I like the idea of out-of-state STR in a less expensive market.

Then, if you’ll indulge me, I’d love to pitch an alternative idea that might align with your goals—especially since you’re 3+ hours away and planning to use a management company.The Good: Renting to college students can be a goldmine for cash flow.

@James Soto I think it's a great idea, I love the BRRRR method if the numbers don't work as a BRRRR you could still flip it to bring in some capital! 

I am just getting started out and have a rough idea of how to work through these numbers and so I wanted to throw this out there to see how far off I was.I haven't gotten any numbers on financing this so I assumed a lot.