Chris, this is one of the VERY few times we disagree - my experience has been that commercial property investment can be more profitable than residential on a continuing basis.  

Then re-examine the plan & process.For me real estate still comes back to location & you're in 2 great locations.

MMX-CV23-6038591-S the property named above will be sold, subject to court approval, at public auction on Saturday, May 11, 2024 at 12:00 PM on the premises.Anyone who wants to participate in the bidding, except the foreclosing plaintiff, must register with the Committee prior to the auction and present for the Committee’s examination a certified or bank check made payable to the bidder in the amount of $25,200.00Qualified bidders will be issued numbers, and bidding will be conducted and recorded by those numbers.

@Craig LesslerThere is no 100% clarity on the tax treatment of short-term rentals, and accountants disagree on some issues.Here is where we mostly have a consensus. 

Signing a fresh lease keeps things "clean" in that if you need to prove something later on you don't need to examine several documents and consider the changes in the order they were made.

First, you and the tenant are likely to disagree one how much is accumulated.

I have to say, I disagree.

You can examine the number of available properties, search trends, and the ratio of demand to supply.

Additionally, you should examine the past two months of bank statements / investment accounts to ensure applicants can afford rent even if they lose their job.

I'd need to have gone through three agents, speak with at least two local investors, and have an ongoing BP thread going w/ numerous input for that to happen.....Again, i'm urging from you some ownership here--- but it seems we will agree to disagree.