But you might be able to work out some sort of agreement with a tenant to fill that role for a slight rent reduction.

I think it comes down to if you have an opportunity to role it into another opportunity. 1500 a month is 18000 per year.

Your Core 4 Real Estate team will play a very important role in your success.As for other markets to check out, it really comes down to what you're aiming for. 

I have lost $ 200,00 on the 3rd deal because they pulled the plug on that deal at the last minute without ever inform the investor to pivot to another deal. 1031 exchange rules are very strict so I had to pay the capital gains tax.

Is this in conflict with the turnkey provider’s role as a property manager?

@Kerry-Ann Bennett-Smith What roles do you need help with? 

You can't go off of the cost estimate on permits and even beyond that, design, site work and a number of other factors will play a significant role in costs.

It may not be total pivot from your current occupation but you could be self employed.

This could play a role in which unit you decide to occupy. good luck 

After STR wasn’t stable enough, we pivoted to Rent by the Room.