A carryover basis would be a huge downside though compared to a basis step-up if held by parents until death. 

I love a risk if it means a reward. we’d love to buy a rental in our future home state but recognize the complexities of that.

This plays into the affordability issues for tenants by allowing them to live in nicer neighborhoods for less money, yet I get monthly revenue comparable to short-term rentals.

There aren't too many other cabins like it in the area on Airbnb to compare it to.

Other than that, it is really a light doc loan with not many strings attached compared to a conventional mortgage.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Plus, compared to other parts of Florida, the Panhandle is still relatively affordable, making it a great option for first-time investors or those looking to diversify their portfolio.Another huge perk is Florida’s no state income tax and landlord-friendly laws, which make it easier to manage and profit from rental properties.

The wholesalers in Philly are comparatively decent in my opinion and there are still deals there.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Can they be more hands-off compared to other types of businesses?