Multiple people had some bad things to say about the area, but when I moved and realized that it was a low income area with a lot of homeowners, I was motivated to improve the property to match the effort my neighbors have put in. 

This is 100% the most misunderstood aspect of rental income. 

Ultimate goal is good cash flow to enhance retirement income.

There’s a small annual fee for registration, so make sure you stay on top of this to avoid penalties.2.

If you prefer to stay local and build equity, house hacking a duplex or triplex in Fort Lauderdale could work, especially if you can add an STR component to boost income.

But I would be passing up on a big promotion that could lead to significant increase in income. 

Say Income tax rate is 25%. 

My answer is always a mix of: You’re overthinking it and work smarter, not harder.A lot of investors are sold on the idea that STRs are a passive income source—which, to an extent, they can be.

Now they charge for every single stupid thing and when their system wouldn't allow me to toggle my subscription from annual to monthly (because i was planning on going to a different CRM) it charged me for $3800 for the year and they refused to refund and go to monthly.

For context when we do this our biweekly payments have been around $485 per paycheck so around $1,000 per month of lost income per person when we both do it.