That's a LOT of $ to go to AZ, TX, FL, literally anywhere. 

You’ll want to get really familiar with local zoning laws, short-term rental rules, and landlord-tenant laws as they vary by town if you plan on going the STR route.Focus on Cash Flow Early On: You might be tempted to go for something that appreciates quickly, but in the early stages, it’s important to find properties that bring in cash flow.

I certainly hope people weren't refinancing to go on vacation :-D But you would refinance to get the cash needed to buy the next property.

The property is a 3 bedroom, 2 bath (one of the rooms is the master with its bathroom and access to go outside), with a separate garage and an unfinished garage unit.

.: Quote from @Andres Murillo: Quote from @Pearse Cafiero: Hi Everyone, Trying to figure out the best way to go about getting my first rental property.

JackieIs there any way they can go and visit the current PM and also meet the new PM, or even ask the new PM to go by the office of the current PM to see if they can see if they are still in business?

class action is what you see on TV  unless there is insurance money to go after you guys are going to have to pay a LARGE retainer to engage an attorney.. and if your deposits are only 40k or so Suing is a waste of time and money for any litigation that small

I personally think this is the direction booking sites need to go.

This would satisfy your retirement desire. 

There is a problem, but they always need somewhere to go and will never sell until that is clear and the path is set.