RM1 is not a base zoning district that allows Visitor Accomodations.Also, the property will have to have a min. lot area of at least 1,080 SF.

My plan is to move, carry both mortgages, put about $10-15K into my current property over the next month or two, and then sell it.

I've listed two properties on FB marketplace and have gotten hundreds of inquiries each time. 

We own two stilt houses in Myrtle, never would do this as we self manage.

She declares bankruptcy/pays off those cards with the cashed from the sale and moves forward investing as a business entity.additionally, her personal residence is income producing as well since she rents out two rooms on Airbnb and runs her cleaning business out of an office there. my questions are1.

Jaclynn -Thanks for the detailed question and happy to help.Here's some information which I hope will be of assistance:To qualify as a "Real Estate Professional" (REP) for tax purposes, you generally need to meet two main criteria:a.

The disparity between the two should be even more stark in 2024, with the possibility for apartment rents to be negative.

Attend every REI event available within a hour or two of your home. 2. 

My wife and I inherited two properties, one in GA and one in NC.

As for financials, if you invest out of state, I would suggest you factor in at least an annual trip, if not two, to the market simply to check in.