On the broker side for NNN as an example I had clients use 7 to 10 year fixed debt low in the 3's to 4's and sometimes assumable even when possible to build in with the lender.I like longer fixed debt to give extra time to refi or sell the asset when best in cycle.

Your target metros make sense, and direct flights are a convenience, but if Columbus or Huntsville offer better returns, they’re worth considering despite the extra travel.For OOS investing, a property manager is highly recommended, especially for a first-time investor.

With the extra cash flow, you could strive to acquire additional income-producing properties over time.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

From an operational standpoint you might also want to consider the cost of any extra tax returns that are needed by the entity as well as any extra accounting fees.Good Luck!

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Especially as you two plan to start your lives together, you’ll likely want that extra privacy.

Between the equity on the condo and the extra cash you have, you can purchase 2-3 homes. 

Setting up direct bookings is a great way to save on fees, but you’re right—it requires extra effort to ensure everything runs smoothly.For vetting guests, start by asking a few questions when they inquire, like the purpose of their stay, how many people will be there, and if they’ve stayed in short-term rentals before.