Selling and dropping the equity into an index fund is a lower-maintenance option, but you’d be locking in your gains at a relatively stagnant point in the market.Given your low interest rate and the potential for rents to inch up, renting could be a reasonable play.

My family and I have taken the leap to move to Louisburg, NC!

Property access instructions: Provide the guest with detailed access instructions in either your Welcome Guide, listing description, Reservation Manager or through the Vrbo messaging platform(For example, include guidance in your listing description about picking up a key from the office upon check-in.)OrB.

The advantage to long term renters is the consistent cash flow, lower start-up cost.

My CPA says STR "A" can only deduct expenses for STR property "A", and only up to income level.

James and his people who manage the program are nice and give basic sales and negotiation advice but not much that moves the needle in any situation.

Yeah, I've been using it a ton since my original post, highly recommend!

What's the ARV?

Can't speak to the organization in Michigan but generally the benefits of a well run STRA far outweigh the costs.I am a property manager in Hawaii so we are constantly being hit with new anti-STR legislation and have a large, well-funded hotel lobby to deal with constantly.

@Mario CastellanosBIG assumption but if accurate it means the property is under water meaning they owe more money on the property than it is worthThey would not be able to sell it without lender permission essentially.