Your HOA hike is exactly one of the reasons I don’t recommend townhomes or condos, you have no control over those costs that turn a potential healthy cash flow into a negative cash flow very quickly.

So holding seems best financially.However, a few friends and family have raised concerns about whether my ex and I continuing to co-own this property will cause a lot of stress for us over the years and make it difficult for us to maintain a healthy relationships with another partner.

They’re on a mission to blaze a new path toward retirement as part of the F.I.R.E. movement.⁣This is a lifestyle movement with the goal of gaining independence and retiring early.

I think it is a healthy market and if things start going south I will just reposition the properties into standard rentals without too much work. 

IMO there is nothing wrong with a condo as a first investment property versus a single family or multi family. 14% COC RPI is also a very healthy percentage. 

The safer-at-home lifestyle created a far from ideal environment for the travel industry.But thankfully, several factors have come together to make vacation rental properties one of the brightest spots in real estate investing again.Short-term rental data analyzer AirDNA has made some predictions for what we might expect to see from vacation rentals this year.Here are 3 Reasons why Vacation Rentals will be Big this 20221.

@Theresa Harris tenant #2 feels like a stronger tenant based on job (high W2 earner versus tenant #1 relying on divorce settlement funds) and also has better credit (both strong enough credit, but tenant 1 carrying a healthy balance of debt).

With that said…it’s hard to strike a healthy balance between being focused on our business & family life.

This would leave me with a healthy amount of reserves to start my journey and would improve my girlfriend and I's quality of life while we live in the basement.

Take some time off, travel, and then come back to invest your gains to match your desires and lifestyle.