However for Federal Taxes the difference between Long Term Capital Gains more than 1 year versus Short Term Capital Gains less than obe year can be as high as 20% additional tax (15% versus 35%).

People need to have different expectations for a property that is solely an investment with 20-25% down versus a property they will occupy with an ultra low down payment, PMI and the such.

In addition to @Mike D'Arrigo's pertinent comment about depreciation, I would encourage you to look at the VALUE that this particular provider is bringing to you, and decide if it is worth it versus your other options.

Anectdotedly I am seeing many more “LodgingInc” business-esque host names popping in listings versus Mary Jane’s STR.

I'd rather visit a house that will have a low of 32 versus one that may be 0. 

So many great view points on the benefits and disadvantages alike between a small park versus a larger one.

This may lead you to higher rents versus your competition and you will have difficulty in finding quality tenants.   

Amazing how different every detail, rule and process is down here, versus what I am used to.

If you are more of a risk taker and are not worried about emergency fund, I would look at how much your rent is today versus what your new mortgage will be with no renters.

I think $700 cash flow on my first property is a great start so I am preparing it for rental photos and the transition to a downtown apartment but I would like some insight on how I could use this to expand.I am reaching out because I am torn between the following options..... 1) Keeping this in my name and cash-out refinancing since I owe $174K and could get around $30K cash for my next property and I could buy this downtown property versus renting.