I stay away from them these days and just wholesale.

What is your average stay? 

Try to get 2 bed, 1 bath each unit duplexes minimum as tenants tend to stay longer than in smaller units.

Stay tuned! 

I totally get why you want to stay in South Florida right now, it’s where your network and resources are, and there’s a lot of value in that.

If you are committed to staying up in the mountains, you might as well consider house hacking a single family up there. 

When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

But as a data point on Huntsville: my Huntsville property with REI Nation turned over in May 2024 and stayed vacant for serval months.

Quote from @Elisa Rafol: Stay away.

For every $100 million in public subsidies, approximately 1,157 co-living spaces could be created, compared to 313 studio apartments.The Bloomington City Council is reviewing potential ordinance language to facilitate co-living spaces, considering factors like parking, minimum square footage, and the definition of "family" in housing contexts.As real estate investors, it's essential to stay informed about such developments, as they can present new opportunities and models for investment.