@Chris Seveney @Marcos A Miranda - you guys are playing with fire - https://www.biggerpockets.com/search?

Also, try and reach out to the Sandbridge vacation rental companies and see if you can get on their list or radar. that would be a great way to get very steady demand in the summertime.

High rental demand for room rentals in Hyattsville and College Park.

Here, we got a ton in the hood, which there is no real demand for anything to be developed, so these buildings are generally worth very very little.

So seems like a decent play for cash flow but not much for appreciation.

Once you have done it in your own backyard and know the demand of owning RE, you will be much more ready to buy out of state.

They start making demands and often unresaonable demands, and they delay and never want to sign on the day you need them to sign. 

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

It has a lot going for it from a long-term rental/cash on cash return perspective, but I’m not too sure about short term rental demand and occupancy.

Retirement accounts are designed to be invested passively so when the IRS sees you running an active business in it, to level the playing field between retirement accounts and other business the retirement account incurs UBIT.