I know I can easily find a qualifying tenant who will pay $1,000 per month if I don't renew a lease with the existing tenant. 

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

@Placeholder PlaceholderOne word of caution I would advise: If a community or local government is enacting restrictions and also regularly enforcing them, then its often a reflection of the local community sentiment which increases the chance of a neighborhood or nearby resident calling you in if they think you may be running an STR.

Investment Info:Single-family residence other investment.

Required distributions from qualified retirement plans.This is controlled by Section 401.

I am going to be moving in the spring and will begin renting out my current place of residence at that time.

Congrats on orthodontic residency, though I know residency will be time consuming as well. 

Hey @Guan Hong Guo - yes combined income *assuming* all adults are on the lease (as they should be if they're residing in your property).

In some cases, after running the numbers, I’ve even faced potential negative returns, causing me to miss out on promising deals here in South Florida.That brings me to my question: I currently own two homes—one is my primary residence, and the other is a rental property.

While some buyers may shy away from the 7.125% interest rate, others who are familiar with the "Subject-To" strategy or are more flexible on financing terms may see it as an opportunity to acquire a property with decent equity and no need to qualify for traditional financing.