You may use the rental revenue to help pay down the mortgage and save some money for further investments in the future.Using some of your $220K in cash as leverage might be a wise strategic move.

We'll explore the importance of strategic reinvestment in landscaping.

If you are running positive cash flows and are paying taxes on your cash flows you can then strategically determine which roofs to repair/replace when so you don't have to pay taxes on your CF.If you have a FEW properties and a good roofer, they will check them all for free.  

Yes, using the equity from one investment property (Property A) to purchase another investment property (Property B) is not only legal but also a common and strategic way to leverage your real estate investments.

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., the only think I would urge you to consider in your “long game” plan is to use leverage more strategically, don’t be so scared of it.

Your tax situation does not appear to be changing much for 2020 but will for 2021 and will allow you to still plan and strategize for your taxes

When you start STR you are starting a business so it is very important to think through it strategically.

Does anyone have a recommendation for a CPA that can file my taxes as well as help my husband and I strategize the best use of our W2 in order to save on taxes?

@Brandon Elliott, yes this can actually be a very strategic decision by you.