Together, they have a lot of units in play there and have done very well with long-term rents and mid-term as well.

Selling now avoids capital gains tax and lets you reinvest into a new primary home and a solid rental property, which feels like the safer play given the cash flow challenges and ARM timeline.

The STR, if purely an appreciation play,  is speculation to me. 

Thats going to play a big role in your options i think

@Derrek J HooymaPersonally I would say BRRR is dead right now.

Most gulf front investments are mostly appreciation plays unless you do a serious renovation.

It's good to hear that you want to play the long-term hold game as that is how you'll ultimately build equity.  

If you're aiming for growth and can secure a low-interest mortgage, financing might be the better play.

I have a contrary play. 

I also believe social media plays a big role in people not really wanting to work, especially with younger folks.