I'm sure this was definitely a thing that was achievable in the COVID years...So the 2% rule seems like it would get you a lot closer to your mark than 1% in today's interest rate climate.1% really does seem like a unicorn.Now - here's the nitty gritty.

You want to make sure the $5k is the only money you will owe.

I have been thinking out of state, but just haven't felt right doing it and not sure where. 

Not sure how to find the investor developers who are interested in this area.

(this is always what I make sure to do with all of my clients)With an FHA loan, it means you would have to owner occupy and live in Columbus Ohio.

Will for sure try these steps.

I thought about maybe converting the living room with a fireplace on the main floor to a 3rd bedroom, but I'm not sure if the HOA would allow such a big change to the layout.

I estimate I lost probably 15k in the deal and taxes this year will tell for sure.

If not I wouldn't bother selling as there is an incredible amount of money lost in buying and selling properties, so you have to make sure you have a plan to maximize the equity and actually have enough. 

A CPA familiar with local STR regulations can definitely help make sure you’re set up correctly!