There are great rental long term rentals in my area but also considering an investment  at the beach for a short term vacation property. 

@Mike Hoover I believe you left out the Cayman Islands bank accounts, perhaps just an oversight :) 

However, paying off the loan would reduce your debt load, simplify things for your family in the long run, and remove any restrictions the SBA loan may impose, particularly around building the new units.

Hi everyone, I'm looking to buy my first long term investment property and am not sure whether I'm approaching my research for rental comps correctly.

I have been working on a flip in Westshore Tampa.

The difference is that as long as I am managing those soft expenses well my number is solid and consistent.

If you are doing fix and flips etc. and have an active business then yes, but owning rentals rarely gets you a business line of credit.

So I suffered for a long time financially.

I'm about to buy to 4/3 home that's 2,300 sq ft, built in 1967 and want an experienced real estate investor to evaluate whether it's a good deal.Please comment below if I can pay you for 1 hour of your time to analyze...

After we move in 4-5 years, I would rent out both units.Pros:Potential for long-term appreciation in San Diego.Cons:The property will not cash flow enough to cover the mortgage while we are living there.After we move, it would provide very low returns and minimal cash flow.Would require a significant portion of my liquidity, making it harder to invest elsewhere and grow my rental portfolio.2.