Consider if refinancing after increasing rents could work, and whether MTR/STR demand is strong enough to sustain long-term profitability.Keep as LTR with Minimal Cash Flow: While this avoids a cash outlay, being cash flow negative or barely breaking even isn’t sustainable long-term.

Can you share what kind of proof you will require tenants to provide when they claim their pets are service pets/ ESG, will there be any different proofs between Service Pets and ESG? 

The decision to allow pets there, though, was influenced by demand and basic math.

While prices are low (under $200k), there's absolutely a rental demand - especially for working class and professional tenants who aren't ready to buy.

.- Given the demand, buying on through MLS will be tough.

You need to pay attention to things like rental demand, upcoming developments, and overall area growth potential.

From my research so far, it seems the demand is pretty high in general for STR's, I was also looking at San Antonio but would prefer to be in Florida and Jacksonville is the city in Florida that fits my budget, interested to hear from anyone who may know more about STR's there and to connect with anyone.

@Rachel Seymour-NewtonIf the smaller property is a strong deal with solid cash flow and tenant demand, it could make sense to buy now and start gaining experience.

I'm keeping this property for the appreciation (in a high demand area with great schools) and low interest rate for now.  

Hey @Mike Pepperday, AirBNB and VRBO are your best bet to see what kind of demand there is for STRs in general.