In my state (PA), there is no difference in the rate (millage) one pays for a residential versus a commercial property.

You have to consider will it be a primary, Vacation home or investment.

Great write up, choose your poison, but different products are suited to different situations!

and that is a huge difference even if the market do not appreciate at the same level than the last 10 years  

However, I also recognize the value of seeking advice and perspectives from others who may have more experience or different insights to offer.I'm particularly interested in hearing from individuals who have experience with waterfront properties, investments in the Central Florida region, or any insights on factors that contribute to property appreciation and long-term value.Additionally, if anyone has tips on structuring partnerships or attracting potential investors for such opportunities, I would greatly appreciate your input.Please feel free to share your thoughts, experiences, or any advice you may have.

I'm not on the loan at our current primary resident or the townhouse we rent out.

I currently own three properties, each managed by a different team.

It is transitioning from a primary residence to a rental property.

I know markets are different than when the book was written and I do not know fully about the market today so it does put things into perspective for me from a person who is actually in the market right now.

Talk with your tax accountant about primary residence 2 out of 5 years.