I agree with those above that it could be complicated but I'm not in this space.

Turns out the financing piece is a bit more complicated when using a SDIRA, but still a great option to add some diversity to your rental portfolio.  

Property tax reassessments have also resulted in higher taxes for many homeowners, further complicating the financial equation.While efforts are being made to bring more insurance companies into Louisiana, the relief has been minimal.

This is easier for someone who earns a fixed salary, no overtime, no complicated pay structures, not a business owner, etc.   

That is a tall order, people should expect in some towns your kids can't buy in and its not because of STR it is because the property has a higher value.Now in AZ you have a snowbird issue that complicates your STR market.So this like many real estate issues is local. 

@Remington Lyman please ignore, its complicated...i will post back once we close the deal on what we had to do with zoning etc... many lenders decline to fund the loan as the zone was commercial and fanni and freddi backed lenders would not do commercial zoned properties...

I do not want the hardwired combo (more expensive and complicated to install) - From what I've read, hardwiring is required for multi-family housing, but I don't see that it is for single family residential.

It's the option with the least complications & sets you on the path to FIRE, which is your ultimate goal!

Looks like more complicated circumstance than I expected.

Pricelabs is very complicated.