I'm not well versed in the tax code by any means but this whole depreciation thing seems like something that applies to some people based on individual circumstance but the gurus preach it to the masses.

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.

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

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

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.  

Playing the long game, it's not for those chasing rainbows, definently for the LT planned methodical focus. 

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

There's a high chance that you are feeling FOMO from the returns in public markets, sell your houses for a loss, pile into stocks, and then see mediocre performance while real estate heads back higher again.I see this, and similar actions, play out over and over.Personally, I'd stick with the real estate rather than selling it.