I've used this cash in the past for all cash purchases and then later cash out refinancing.I'd like to use this 300k equity in my properties as a down payment on a bigger commercial investment property instead of continuing the single family BRRRR strategy.To go down this route I would ideally like to turn this equity into longer term fixed cash(more permanent money) instead of interest only, variable rates, HELOC's(more temporary money).I know the obvious answer is to just do Cash Out Refinances on my properties to get them locked in on 30 year fixed mortgages.

Ideally they can look at a property and guess the rent and their expenses and then have me help them verify it and look at the property for them.

Ideally, i would want a working relationship that lasted throughout the year (not just during tax season).

Ideally, I'd like to purchase a duplex, live in one unit and rent the other out.

What do I need to do to cover myself, and is there any advice out there for how to handle this in an ideal manner?

Ideally it would start as an Excel spreadsheet and then move to a reporting tool like Power BI.

But as I watched more videos and podcasts and even started looking at the numbers, I think im leaning towards buying a condo here in miami in the city to rent out.

I have considered looking into other areas in my state that aren’t as competitive, but have also been intrigued by an out-of-state rental.My question: what experience/thoughts do others have about purchasing a property in a vacation area that will serve as an occasional vacation home for my family and myself and but will primarily serve as a rental - not sure if there is a term for it, but minimum one-week rentals and ideally snowbirds who will rent for a month-6 weeks or so during the high season.In my very preliminary research I have seen there may be some additional tax considerations but I’m wondering if this ever makes sense?

Ideally I would like to spend under 500 per month for rent. 

The smart thing to do on your end is take a lot of pictures and/or a video documenting the condition of the property.