I'm soon to be leasing the PA farmland to a solar company on a long-term lease (more yearly than my W2 job, and 3% escalator, compounding).With such an advantageous situation in PA, I want to be able to maximize my potential.

You have become an insurance company, only you didn't get a just premium.The potential of rent forfeiture is part of the business in reserving a vacation home, and everyone knows this going in.

I believe that these days nothing makes sense, and rather buy something that could potentially make some sense as long as you don't lose, what do you think?

@Alex Jacobs the more bedrooms the more potential income.DPA programs though, are usually limited to single unit homes.

I had a ton of traction from potential tenants this past week, a total of 6 showings all with promising folks.I have done simple pre-tour screenings to see if these people are worth my time and they are.

My mortgage broker is telling me this is an up and coming area that is low risk, high reward potential. 

It is a fine line, thats what i'm trying to figure out how to navigate without crossing that, but also not pushing the potential seller completely away if possible. 

Finally, start hitting some meetups if you can to pick people's brains, find potential deals, learn what about areas you don't know, etc.Best of luck!

Although these items are eligible for tax deductions, I overlooked this aspect when filing my taxes last year.Now that it's 2024, I'm wondering if it's possible to file an amended return to potentially recoup some money from the IRS.

And, while I can't speak to Gulf Shores or the panhandle specifically, I know a number of friends that bought a property assuming Airbnb/STR would be the saving grace, to be out of the business within 18 months because they could never push rents because they had an ordinary product competing in a sea of ordinary product.