It’s a smart way to dip your toes into investing while securing your first home.You’re not being too ambitious at all!

I think this depends on location and how much you are getting it for.  

Plenty of STRs that perform just as good as the pool STRs because they have a great design, location, or other fun amenities that have less liability and headache.

I've collected thousands in security deposit from my guests who've caused damage.

Given the location and how the town has been developing it seems like a good investment opportunity for rentals.

Would you mind sharing the locations you mentioned?

You'll find much greater difference in $$$$$ by refining your location/rehab/vacancy strategies instead of worrying about "how much it costs to borrow money" in this environment.Nearly all of my clients are more concerned with a simple and headache-free funding process, than the "lowest rate."

Or if your gut tells you that your family will be happy in this new location, then follow that instinct!

If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.

Chicago, with its vibrant neighborhoods and strong rental market, is a prime location for this strategy.