A few factors are drawing me to them but would love some insight from those currently in those markets. 

There's over 2,000 MLS listings currently in Saint Petersburg.

WE are cash flowing in current state ~$1,500/month after we renewed 2 of the 3 tenants on long term leases during due diligence.

If you cash out your current equity, you will be borrowing money for the down payment.

Currently, all of our properties are owned in an LLC  but I am concerned that the legal protections of the LLC are not as solid as they once were.

Love to share anything I've learned about the market and in my current portfolio. 

It currently cash flows about 1500$ per month.

Also, my current "room mate" has expressed her interest in renting my primary residence entirely so I think that's a smart option. 

Hi @Nathan M kiefer,I'm currently only hosting my sixth guest in NMB, so my input is not as informative or deeply experienced as yours.

To give you a bit of background, I know very little about bookkeeping beyond managing my budget for the last three decades (ugh), so this is all pretty new to me.Here’s my current setup:I’ve had a property management company using AppFolio to handle the heavy lifting – rent collection, owner distributions, expenses, and the whole shebang.