In 2022 I also sold my money pot personal residences for $961,000 and purchased it for $154,000 in 1999. $500,000 was tax free due to being married.  

Basically, you can't STR an entire home here, or even an ADU, and can only STR out a portion of a home that you reside in.

Investment Info:Single-family residence other investment.

The resident pays the second month on time and then, and only then, do they get the concession.If the market is soft, and we are having trouble renting, before we consider concessions, we look at the product, the marketing, and lastly the price.

There is risk with this approach that the tenant can have short residence or leave in Nov to January.  

@Edreco AmosHello,I reside in Miami and I do agree with everyone else.

Investment Info:Single-family residence buy & hold investment in The Villages.

For my personal residence - yes, i would love to own it free and clear as it's not an investment but rather liability which I want to minimize as much as possible.  

Tenants may not occupy residence without utility service except during brief interruptions beyond your control.

Quote from @Richa Wardhan: Regular lender financing, we have paid off 70% of our mortgage on the primary residence so we were loaned money without any issue.