Your cash value grows tax-free (with proper planning), providing you with an ever-increasing resource to fund your real estate ventures!

If you rent it out for more than 2 or 3 years and then sell it, you have to pay cap gains on the profits.I'd also run the numbers on the house to see what you'd get for rent and what all of the costs are associated with the house (property taxes, insurance, repairs, vacancy as well as mortgage payment). 

Immediately filed tax appeal based on the closing price, won and reduced the property tax.

That will help you make the decision.Between your BAH and tax free 2 of 5 years primary residence you just have to breath to be a $1mm in 10 years.  

You know there are a lot of people who weigh more than that, and the chair will become a liability if it breaks with a guest in it. 

I have used him for over 20 years and has been great but I want to make sure he is not missing any tax benefits for STR.

We as a firm have investors working with us who have rental properties all over the US big and small.Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding.

You haven't talked about taxes yet.

Property taxes here around around $10k/yr so around $800/month.

So far, I am in the midst of purchasing a couple of mortgages and I have purchased tax liens and deeds.