Congrats on your pre-approval and your plan to make Florida your primary residence while leveraging house hacking or short-term rentals (STRs).

You have to sell to realize your gains, and will lose on the transaction at this time.  

I am responding as a consumer not a STR owner we had one its lasted for us for exactly one tenant then we felt it was too much work for the return  on investment we do much better loaning money and buidling new homes than to worry about people goofing up our homes :)I do have some MTR you know fully furnished homes in Vegas and those are money makers for us top of the line tneants paying double the going rate for rent.

Breaking even on your first flip isn’t a failure—it’s a valuable learning experience.

We are going to focus on small multi-family first, and then  get into large multi-family.

This requires some effort and not just relying on a reference from someone or a quick glance at their fees.

I originally didn’t plan on writing a review on her, but after reading a recent post (shown below), I wanted to warn others about her “due diligence”, handling of investor concerns and follow-up communication.

There is a spot on the brick exterior wall that you can move with your foot.

Keep a close eye on the actual cost of rehabs and make sure your remodel stays in line with comps in the area to ensure profitability.

Unfortunately, this reassessment is unavoidable, so you’ll need to evaluate whether transferring the property is worth the potential tax increase.If a Transfer Is Not Feasible:If the potential property tax increase makes the transfer impractical, an alternative option is for your father-in-law to secure a Home Equity Line of Credit (HELOC) on the property.