Appreciation is the long term goal.

Purchase price: $240,000 Cash invested: $84,000 Bought the unit as a Short Term rental for the summer season.

-Alex@Alex Boulger while I've never done this personally (yet) I don't see anything that will disqualify you as long as you meet the 2 of 5 year criteria for Federal purposes.

The house has really only worked as a house hack with mid-term tenants, but I am looking to move out of the city and property managers won't manage mid-term.

There was no information shared prior to the increase.These seem like really long vacancy periods and poor communication.

I cannot recall rate we pay - but essentially answer is you still pay.Also the 250k/500k primary deduction is prorated as well depending on how long rental vs primary.

Those numbers do not seem correct, unless you are using terms like loan amount of $104,000 is the unpaid principal balance (which is the amount that accrues interest), and the $270,000 is the total payoff.There are two components to a mortgage statement - the first is the reinstatement amount - this is the amount to bring the loan current.

Focus on cash flow and ensure properties generate positive cash flow after all expenses.

If your market is not doing well with no signs of recovery and you want to explore other options, then maybe you can sell or turn it into a mid-term or long-term rental. 

Long Beach, California, is revitalizing its historic Queen Mary ship and hotel to attract tourists during the 2028 Los Angeles Olympics.