Purchase price: $380,000 Cash invested: $135,000 Annual rental to be turned into STR when tenant vacates What made you interested in investing in this type of deal?

It's a challenging enough market with an abundance of bad actors.

They find deals on oceanfront houses all over the country.I'd even look for a fixer upper to get a great deal.

I can't see how some investors cashflow just $100 per door in some markets. 

Currently have a duplex I’ve been in 3 yearsMortgage 3.65% pmt $850Tenant pays $875Heloc $30k——monthly $291The issue I am running into isRates are so high right now and it’s a lot harder to find another that will cover full mortgage.Does it make sense to leave somewhere that it is full covered to go to one that is not?

Alex,There are a few other options when it comes to your situation to get the cash out of the home. 

How much is that a deterrent? 

It also allows you to determine how fast you want to pay back the loan.

Any updates on how to proceed with this ridiculous law?

Assuming you're getting into deals that can perform above what the market will deliver (the only reason you would do this), there is still going to be a lot of work involved.