Option 1 offers the potential for immediate cash flow and appreciation, which can significantly contribute to your overall financial health.

The Environment, the Safety of people and the living things around us as well as the general health and welfare of all living things are extremely important to us.We are passionate about real estate investment and Buy and Hold with a focus on providing affordable vacation rentals and long term living spaces for Veterans and individuals in situations of hardship.

And then you lose all your bene's and raising a family and paying for health insurance is a big deal. 

The Assessments levied by the Association shall be used exclusively for payment of Common Expenses including, without limitation (i) the upkeep, maintenance and improvement of the Common Areas and other maintenance obligations set forth in Sections 10.1 and 10.3 below; (ii) maintenance, repair, replacement, and operation of rights-of-way and easements within or immediately adjacent to the Project (e.g. landscaping and sidewalks within the right-of-way of adjoining streets) to the extent that such actions are required by government entities or deemed appropriate by the Board, (iii) promoting the recreation, health, safety and welfare of the Owners and other lawful occupants of Lots within the Property, (iv) payment of property taxes for the Common Area; (v) insurance premiums; (vi) legal and accounting fees; (vii) management fees; (viii) charges for utilities and other services provided to the Common Area by the Association, if any, and for all utility charges paid or incurred by the City and reimbursed by the Association for street lights in the Common Area; (ix) costs to maintain the entrance features, including any electricity, landscaping and irrigation expenses associated therewith; (x) the performance and exercise by the Association of its rights, duties and obligations under the Project Documents, and (xi) maintaining any Stormwater Control Facilities located on portions of Common Areas to the standard required by the governmental entity or agency having jurisdiction over such areas.

The renters insurance won't go after you/your insurance because the liability was on the tenant.Now assume your tenants leave the tub running and cause $100K in water damage.

The research will investigate potential soil contamination, ground and surface water quality, along with the presence of hazardous substances on the site, and will include researching files from various municipal and state departments including the planning and zoning department, health department, fire department, and the Department of Environmental and Energy Protection (DEEP).

Focus on Tax EfficiencyTax-Loss Harvesting: Use taxable accounts to offset gains with losses, minimizing your tax bill.HSA Contributions: If you have access to a Health Savings Account (HSA), max it out.

After a tenant MoveOut, many properties also need touchup painting (or more), blinds replaced, tubs recaulked, trashout, etc.Most individual investors mistakenly only focus on the lowest price, so not a good target to build a business on.

Tub/ shower,  kitchen.Let them run for 5 minutesThen flush all toilets with some toilet paper in it.If toilets take more than 5-6 seconds to flush down then you have a problem. 

If the tenant is concerned for their health, you will immediately release them from the lease with no penalty for early termination.