I know CA has a lot of rules/laws but in FL to start out I would incorporate, get EIN, get banks set up and then you are in business.  

After moving out, we re-stained the front porch posts with a darker stain (photo is pre-stain), replaced the front door, did touch-up painting on walls and trim, installed new keyed-alike locks on front/back door, and installed a vented bathroom exhaust fan that wasn't there prior. 

You'll be able to take out half of your vested balance though, so not a ton.If you liquidate it, you're going to have to pay 10% (assuming you're under 50 years old) + taxes owed if it's pre-tax.So maybe a combination of the two using a HELOC on the equity.Is the 401k in the Roth portion by any chance?

Very kind.I think it's like most of my experiences in corporate.... do your due diligence!

What you will be required to do is register as a foreign entity in the state the property is in if it’s not the home state.I recommend speaking with an attorney and your cpa on if a LLC is even required and the state(s) to incorporate it in.

Hey Sinuway, I'd recommend connecting with a few like minded lenders and realtors who could step you through the pre approval and negotiation process.

I'm going to have an attorney review my lease agreement, but all the documentation that I have came with my BiggerPockets MANAGING RENTAL PROPERTIES book a few years ago, pre-pandemic...and it's a lot.For those using KeyCheck for their MTR listings, did you also find that additional documentation was needed, besides the 3 key things that KC provides? 

By fall of 2021, both the visiting scholars and the vacationers were back in town, a lot of furnished listings had disappeared and I am back to renting at my pre-pandemic rates. 

The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.The complexity of the problem hinges on the definitions of “short-term” versus “long-term” rentals for tax purposes.

Do your research first though on how to pre-vet tenants or consider talking to at least 2-3 different property managers in the area.