I'm making good money as is without having to buy more properties, which I don't want to do anymore, I've reached my tolerance level, and want to avoid more cost to me in terms of, insurance, repairs, taxes, dealing with tenants, etc.No, I have not paid off any of my properties, so to answer your question I was not paying them off before I bought another one.

What are the city ordinances, has anyone has any trouble with the local government in terms of short term vacation rentals and if the strategy is in fact legal and allowed what is the climate regarding that?

If you need a number to my VA loan originator guy (he is also disabled vet) up in KC, just connect with me and I'll pass that on.I don't have much to offer in terms of guidance, and am still pretty new myself. 

In terms of learning more, reading books on the topic will help as well as listening to podcast. 

But I have no idea whether that is the case since: (1) I'm not sure what exactly each bid includes in terms of scope of work; and (2) I don't know what contractors typically charge for material and labor in your area. 

Amazon is going to change the landscape in terms of rentals. 

What Bryan said is exactly right, anything north of Woodmen is pretty safe in terms of A/B.

I'm not sure what I can do in terms of value add.

@Jennifer LeFor a property this size, unless it a value add component in terms of the additional land where you can develop additional lots, it's will be too expensive to bring the property on board. 

As long as you have your ducks in a row in terms of fraud (which you obviously do - you didn’t get the mortgage under false pretenses), you’re all set.