I thought the information was pretty much accurate on the pros and cons of section 8 and other info.

For your property to perform well, I would want it to rent for around $1800 a month to cover expenses and provide some cash flow.

I have spoken with the realtor at length and gotten copies of utilities bills, internet expenses, trash fees, etc. so I have reason to believe most of these are pretty accurate, but again, would like some feedback from the community on what i'm missing and what else i should be considering.

We're here to help each other so I don't see the point of bringing that up to scare somebody away from buying a condo in Tulum when, so far, it's had absolutely no bearing on the performance of investments there.

If someone wants to host MTR, STR, whatever, they should start their own management company, not try to use this model where they can make additional money off of an owner if a property performs well.

Accurate withholding is essential to avoid penalties while optimizing these strategies.This post does not create a CPA-Client relationship.

Purchase Another Investment Property and Utilize a Cost Segregation Study:When you reinvest in a new investment property, you can perform a cost segregation study to accelerate depreciation.

Hey Erich - If you’re not working with a realtor, I’d recommend bringing in a GC to walk the property and give you an estimate, that’s usually the most accurate.

For DSCR, it's usually slightly higher than the conventional route due to it only looks how well the subject property rental performs + credit vs conventional where it requires credit, income, assets to be reviewed.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.