Coupled with : reporting more income from the business (you will have to pay more in taxes, sure) but paying an extra 25k in taxes could enable you to qualify for much more and instead of buying for $200k out of state you could buy another primary home at 5% down payment (instead of 20% out of state) and buy out here in LA county. 200k out of state: 20% down : $40k 600k here: 5% down : $30k (with better appreciation and cash flow from ADU) You could buy in an area out here under 600k and again, put in an ADU and be in a better position.

Make sure you consider all the extra expenses that str properties have:third party software, supplies, county taxes and business licenses, utilities, internet, etc.and run the numbers to estimate what your cash flow will be in the high season and low season.  

@Nathan G. communication issues of course aside from the above one of mine is extra vehicles. 

When I put my rooms up for rent in my 4 bed 2 bathroom, I started them out at $850 and found out very quickly I would not have an issue filling the extra bedrooms.

Depending on the number of units, size, and condition, that additional landlord responsibility could result in thousands of dollars in extra repairs and maintenance expenses added to your underwriting.TIP: Do not assume the responsibilities of the landlord and tenant.

@Ronald RohdeYou didn't answer the question.Do you have any extra fees you charge?

Ask yourself how spending an extra $45k (on anything for REI) does that and you will have your answer. ;)That $45,000 cash out of pocket is an entire down payment on another house. 

@Jackie Cramer I would have an honest but gentle conversation with her and let her know that an extra two months puts you at odds with market timing and you are unable to accommodate it.

When I bought it, the returns were looking nice at a $1,100 per month rent estimate but it's nice that when construction was completed the market rent was $1,275 per month so that was an extra bonus of $175 per month per unit (or $700 per month total) over my initial cash flow projections when I signed the contract to buy the properties.

Buying the new house would mean you'd sell that in a few years when you moved to your forever home therefore adding in an extra set of realtor's fees and other costs associated with selling.If it was me, I'd stay as you are talking about moving in 5 years anyways.