For individuals navigating the demands of a w2 job and grappling with substantial tax obligations, exploring the potential of short-term rentals unveils a compelling avenue to mitigate tax burdens.

However, the core remains the same.

And in order of risk they are core, core plus, value-added, opportunistic.

@Tanuj YadavThe key to investing out of state is developing your core 4 (deal finder, property manager, contractor, lender).

If you plan to invest out of state for you first deal it will also be essential to build your core 4: https://www.biggerpockets.com/blog/core-four-real-estate-tea...Happy to connect if you have more questions! 

-Is any area of the metro going to be immune to this, or can I expect this to get worse over time if its already happening within the core city? 

It explains the importance of creating your core four.

So, I too like solid core vinyl planks.

As an out of state investor having your "Core 4" (Realtor, Property Manager, Contractor, Lender) is a very important part of your success.

Purchase price: $80,000 Cash invested: $10,000 First Investment, house hacking, fixer upper, using as core investment to build on to while learning to make small tiny homes to sell.