There are also a lot of people converting some of their units to vacation rentals, which further skews the numbers. 

Once income and expenses are categorized, there's a lot of reports you can generate like the cash flow statement for each property. 

Hey everyone, been doing a lot of research and educating myself on best practices to running an STR successfully.

I see how hard a lot of my colleagues work, even in their 60s, and I want to start investing soon, so I don't have to work grueling overnight shifts when my body won't have as much strength in 20-30 years like it does now.  

However this was a bit more, but we had a lot of meat on the bone on this deal, but needed to get them out fast.

Maintenance is also a lot cheaper since the HOA is paying for it. 

You'll be exposed for some time, that's your down side.Most of this board opts for this route of umbrella coverage, but I disagree with a lot of what this board pushes.

Personal preference, to me a lot of these asset protection schemes are like wearing a covid mask when driving alone. 

A lot of the new construction you are seeing is from the buyer spree in 2021 & 2022 where people were having to pay 160-170k+ for standard row homes in Point Breeze and Grays offered a much cheaper alternative close by.

Realize a REIT also will cost a lot more for tax returns and potential reporting.