I now understand the island dynamics pretty well, i am also a British virgin islands resident.

Investment Info:Single-family residence other investment.

I’m gonna be totally honest with you, it’s extremely hard if not impossible to replace a full time 40 hour a week with rental income at least in the shorter, it’s the type of thing that helps you retire a little early and have a buffer in retirement, my grandmother has been in poor heath for years, those properties have allowed us to give her the best care possible, if you don’t already own a home and feel comfortable with your budget and the ability to live in that house for  at least a few years, I’d get started on that don’t even need to over complicate it, find a budget, find a house you like and can see yourself in at least for the medium term buy it. 

After learning more it might be favorable for me to sell my unit since it is my primary residence and I have lived longer than two years. 

Hello BiggerPockets community,I'm currently a homeowner renting out my primary residence on Airbnb and considering the prospect of buying a new property for rental purposes.

You have that the tenant reporting the issue to you, you getting it looked at, making a determination the door was damaged and now you will send the tenant a bill for the door and ask them to take care of that during the course of their tenancy.    

Best quote I've gotten is up to 500K, but I've heard $1M should be the minimum.Smaller concern of mine - bedbugs.You seem to be the resident expert on the subject matter - drop some knowledge on me!

Investment Info:Single-family residence fix & flip investment.

Investment Info:Single-family residence buy & hold investment.

Another approach is "house hacking," involving the purchase of a multi-unit property, residing in one unit, and renting out others for short-term stays.