First, assessing if you can cover losses in the short term is crucial.

@Chris Seveney Thanks, that’s helpful and helps me assess my situation a little better.

Buy a townhouse in this development near where I live called Sea Colony:Details: $860k for a comfortable townhouse.Pros:Comfortable place to live for the next few years, and I’d still have liquidity to invest elsewhere.It is still in my current community where all of my friends live, so I would still be where I want to be location-wise.Will get appreciation.Cons:High HOA fees ($660/month) and potential 10k special assessment in the next few years.Likely won’t cash flow after we move, so unsure whether it would make sense to hold.3.

Your assessment is accurate.  

Services such as HelloSign or even more comprehensive property management software like Cozy or TurboTenant offer electronic signing as part of their application processing tools, sometimes without the same limits as DocuSign.

I don’t know the condition of the property nor how to properly assess it considering my lack of experience – who would I approach due diligence?

Be pro-active and assess risk now and not re-active when a GP drops a request on you.

Lastly, try to regularly assess and adjust your goals as your financial situation and priorities evolve, which will help keep things balanced and flexible.Keep learning and growing!

How much would you be willing to pay for a comprehensive market research tool?

Does this exemption amount get subtracted from the sale price of the property, or the assessed value of the property?