But your desire to do a 1031 really doesn't impact the situation negatively. 

For insurance, yes, having umbrella liability would be desirable if your asset can support the additional OPEX (operating expense) without significantly impacting the financial returns you and/or your investors desire. 

However, began to notice that is a split on whether open or closed is more desired. 

If your desire to go out of state into other markets, just get your team refined because dealing with value-add MF without a pulse on contractors, timelines and connections is a nightmare that just costs you. 

Based on the responses I am getting, it is safe to say I am now leaning more towards a house outside of an HOA community in a desirable vacation area for STR purposes.Most of my funding to start will more than likely be lender financed.

Nothing cant stop a man with a burning desire to achieve his goal.

I personally don't think there is any real risk of someone stealing your desired domain name just because you searched for it on GoDaddy. 

Also, if you don't know the area decently well, you may buy in the wrong part of town and come to realize that your improvements didn't boost the value past an area ceiling of which you were unaware because your pre-purchase comps were in a more desirable neighborhood.

If you can still achieve your desired outcome at a lower rent than today's price, then buy.  

Prior to this year I have spent a lot of time banging my head against the wall trying to figure out what to do with my life, and continuously chased a career in something that was primarily influenced by my desire to follow my dads footsteps to make him happy, proud, or impressed with me.