Got to have a desirable location too.   

There are some other zips like 32205, 32207, 32246, and 32244 that can provide great cash flow and are positioned in some slightly more desirable, less crime ridden areas.

I have done a ton of research and travel, and mild obsessing, and these are the destinations I have narrowed in on.By no means am I an expert, and everyone has different opinions and desires for what they want in a destination.For me, I prefer now non-touristy, tropical, authentic, safe(ish), and good bang for your buck.

If you desire to keep the property after three years of moving out, you can sell it to your controlled corp, and you will still be qualified for the $500,000 gain exclusion.

A desire and ability to share their knowledge4.

The ADU now covers over half the mortgage + additional monthly income per horse the tenant desires to keep on site.

This should make Vermont rental property very desirable.

Never have I felt unsafe.The city allocated millions a few years ago to purchase and tear down a dozen or so older motor inns on ocean blvd that had been left to squander and had become havens for the less than desireable.  

On the other hand, Florida continues to be a highly desired market for out-of-state and foreign buyers, keeping demand strong.Given these factors, what are you currently doing with your condo investments in South Florida?

Also, if you can do a renovation and pull money out to pay it off, I think that would be ideal.Another idea would be to utilize other people's money for the renovation and then pay them back whatever rate they desire through a simply interest note.How is the STR doing in the Smokies?