The issues I ran into was the local market was already flooded with STR's and in order to be profitable you had to stand out with a home that was either near an attraction (ie great view, Garden of the Gods, Downtown, or a College) or the unit had to have amenities (Hot tub, Instagram Wall, Pickle Ball Court) that would place your listing far and above other similar listings.I think you should strongly consider if you more interested in moving away and starting a life somewhere else, or in creating a cash flowing investment to supplement your income? 

Have an Agent look into Stand alone Umbrella carriers3.

Yes, I do agree that this niche is getting crowded now and we’d need to stand out to be looked at.

For a long standing good tenant I may even waive it.

It has no upside, and nothing remotely positive about it. even if there were some situations where it would benefit both parties (and it doesn't) it is still wrong on its face, the whole concept is against what we stand for.

Assuming  this revenue ruling still stands, it mirrors the SC situation nicely, meaning it would support your acquisition date of the real property not starting until you have taken possession.I think this would be highly dependent on the terms of the local jurisdiction as well, so what might be correct in one jurisdiction, could be completely wrong in another depending on the rights acquired related to the property.But happy to be pointed where I am wrong!

If she pays up, she is back to being a "tenant in good standing" under the lease.

Long story short, I put my binder down, told my wife to hold my phone and stand back.

With the increased competition among sellers, it’s crucial to prepare a listing to stand out among the rest and work to address buyer objections prior to going on market.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $470,000

Sale price: $470,000

•Offered at $470K
•Market Value $648,206
•Median Sale Price $540K
•Ready To Rent
If y...