You put time, money, and emotional energy into this move.

Adjusting this could make the room feel more spacious and polished.The description feels a bit AI-generated (Chat GPT)— you might consider adding a more personal touch to help guests connect emotionally with the space.

There are definite pros and cons to OOS, but you have to get laser focused on your goal and your resources to ensure you are investing for the right reasons in the right places.Pros: - more options to invest as you aren't as market limited- forces you to build a business and have teams in place to handle the day to day ops- can keep you emotionally less invested and hopefully help make smarter decisionsCons:- harder to manage because you are going to be managing property managers, contractors, realtors, etc but doing it from a distance.- harder to get things done at weird hours for emergency repairs or issues that come up- easier to get taken advantage ofAlways start with the goal first and make sure the types of properties, the market, the tenant/landlord laws, the business environment etc. of where you invest are actually aligned with your goal.

Markets really do react to both dataand emotion!

Originally posted by @Dave Foster:@Glenna Wood, They're actually in conjunction with a 1031. 

Quote from @Dave Foster: @Kyle Diorio, congrats on having such a successful RE portfolio!

.* DSCR loans: For out-of-state investors - based on property cash flow, not your income.Common First-Timer Mistakes to Avoid:* Overestimating rent or underestimating expenses* Buying in a bad area just because it’s cheap* Not vetting the property manager* Emotional decisions over data-driven ones* Skipping proper inspections or due diligenceYou’re already doing the hardest part: asking the right questions and taking the initiative to plan thoughtfully.You can invest remotely as a first-timer - just be disciplined with your numbers, vet your team hard, and be willing to move forward without everything feeling 100% perfect.

Resolve it quickly—whether that’s reinstatement, a workout, or taking control of the property.Remember: emotions don’t belong in default management.

Ideally, a balance should exist where tenants can afford their rent without requiring external support, fostering a stable and cooperative rental market.The rapid rise in food insecurity signals deeper financial distress among residents, which directly impacts rental stability.

Quote from @Dave Foster: @Amier Tutie, If you're wanting to scale then I would suggest you find a different way to pay off your personal debt.