Be relaxed and take YOUR emotion out of it.

When you get your portfolio to the point where you just want to relax on the beach all day, hang on to the portfolio and sell the business

OK pumpkins, sit back, relax, get the popcorn, get your towels, as this is a tear jerker, pen, paper.. and throw it all out.

@Jerry Poon - I envisioned working less, but anyone who knows me knows that I can't relax and not do anything.  

At the very least, remember to take a moment to relax, take many deeeep concentrated breaths (the type that make your head a little dizzy) and you will feel much better.

If my HOA relaxes their rules, it would be a lot of work and expense for me to get started as a vacation rental.

Luckily there are good folks in this forum to follow who are common sense experts and simply following them to see what they do and how they do it can help you realize what to invest into vs to what you should not invest to.Note the journey in commercial real estate can be bumpy and I am learning this based on my own journey so far, however everyone appear to be so optimistic about it... even if roof goes bad and if investment was good mistakes can be weathered off or outpaced using other synergies.At the end of the day I believe that art of the deal the successful first deal is what makes folks a bit relaxed when running into issues like this.Anyway glad you were able to extract major key points and that my advice and other wonderful folks advice in this forum was somewhat helpful.However I can see why you bought property on your name vs LLC... there is this whole thing about how it’s easier for lenders to work with folks directly vs LLCs...

Hi Carla,If it were me, I'd sit down with the potential partner (over a business meal to make it a little more relaxed) and discuss upfront the things that the two of you think might cause the partnership to go wrong.

So relax and look in your back yard.

If you have trouble getting a tenant, you may want to relax the income requirement.