You would have ongoing filing requirements with the State and would need to keep business records and documentation.

I have noticed that MySmartMove keeps going up on their price by a few Pennie’s at a time.

Although, it’s real estate and I am looking at keeping it in my portfolio for the long game. 🤔  

I considered SFH where I'd rent out all the rooms and keep one to myself, but this seems risky since I'll realistically be away for months at a time and couldn't manage the unit/other tenants.Then I came across some listings that appear to be hotel rooms for sale, with basically the facilities I need (a bed, toilet, kitchen), a price point I can handle (270-500k$, I'd do 20% down), and fairly high HOAs (~1500$/m?).

Rent and price appreciation has been keeping up with inflation (most of the time reaching higher than inflation).

It’s more like most just keep going and going.

Tax implications also differ; selling may incur capital gains tax, while rental income is taxable but offset by deductions.There are several factors to consider when deciding if you should sell or keep your property as a rental. 

Additionally, consider cards with no annual fees to keep costs down.

Keep in mind only the interest on your mortgage is tax deductible - not what goes toward principal.

:I keep hoping for climate change so we get more water.