Their rental portfolio also yields much more than the cost of the debt and thus prepaying the debt rapidly is not very strategic.

Owasso is also near the American Airlines maintenance base which is the largest aircraft maintenance base in the world.

In addition, if you strategize your back end with a strong reserve (real estate, stocks, cash, LLC) you can ask for bigger lines of credits to enhance to purchasing power on top of traditional loans.  

You also need to think strategically long term.

The next question is how do I strategize, the investment rental to primary conversion while satisfying the tax regulation, then it comes that solution to temporarily renting outside for one year.

I'm working through that in my business now that I have a few deals under my belt that I was very strategic about.

I believe I should be able to get at least 75% out on either an Ag loan or some type of LOC.Ive managed ranches my whole life and understand how they operate from a business prospective and I could roll this into buying another ranch but, I just don't think the cash flow will be there as in rentals.My goal is to net $100k/yr. as passively as possible and grow from there at a moderate pace within the USA.Can you shed some light on multi family vs single family, choosing location and how to strategize the investment of $1,500,000, please?

This could also be classified as a communication skill, as well as emotional intelligence.Learning how to acquire the correct mindset to build and grow a business (goal-setting and strategizing).Learning sales and promotion.

Yes, that's correct, I meant to say " shelters some amount of your portfolio income from immediate tax liability"... and it is especially important when you plan on holding an asset for longer than 27 years(depreciation schedule), and you want all the other aforementioned strategic growth benefits.Paying off the asset totally, IMO, is meant for your primary residence or very small portfolio and/or the personal satisfaction of not being indebted to anyone, should not be completely dismissed.

If you have done STR as out-of-state and/or out-of-town investor for at least 5 years successfully, can you please provide some feedback on following:- What is the overall real estate strategic play when using STR?