If you have any additional advice please let me know!

In short, I can afford the additional $1100/mo cost of a second house, even until I rent it out.I have around $35K in HYSA and emergency funds that I could use for a down payment, but that's less than 20% which would be required for a conventional loan, assuming full purchase price.

With substantial equity in your Fort Worth rental, a cash-out refinance could free up funds to purchase additional properties.

Framing your position as fair such as explaining the difficulty of finding renters during off-peak months - might help maintain a positive relationship and reduce risks of property damage.Prepare for What’s NextEven if the tenant moves out early, ensure you’re protected.

These are professionals with additional training and a stricter code of ethics.

So if you are doing an addition, you are only contributing to the structure portion of value, not the land value.

I’m looking to ensure I structure things correctly and attract the right partners.

In addition to that, the septic tank is undersized for the size of the home.

Additionally, the beach is still within reach...just a short 1 hour flight or 6 hour drive.  

If you do have to move because of a job, you would be safest (in my opinion, i am not giving legal advice or financial advice), i would sell that property to ensure that you did not just purchase with the goal of moving out early and taking advantage of lower rates and lower down payments for purchasing your home as a primary residence.