It , OF COURSE, also DEPENDS on your location and what you could actually get zoned up to.Are the properties around your building a different zoning classification than yours?

The market between the 2 locations & resident class (Especially if you plan to self mange or find a PM company), Your future goals and the costs associated with moving and transferring to a new hospital. 

Plenty of STRs that perform just as good as the pool STRs because they have a great design, location, or other fun amenities that have less liability and headache.

We are in the Burlington area, where are you located?

Thanks, Jim Rice Hello Jim, We are located in Central Florida. 

Look for a location with low crime, then look for the neighborhoods with the best schools.

HELOCs on rentals are rare, and depends on where you are located.

WHat are these locations?

I have been living where i am now since 2022 I don’t want to ever sell it because its in a good location and it has potential to be a great rental investment i just don’t want to lose my interest rate by leaving and renting it out i have heard that your mortgage can be called due by doing that.

@Ming HuangRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?