That is not to say someone can’t justify it by saying they can make it cash flow positive later through rent appreciation  (ie.

There was plenty of reason to fight it because State Farm knew it was a fraudulent claim, but the time cost just doesn't justify it.

They are using the extra cash flows to justify buying the rates down to floor and recovering the costs in usually less than a year. 

I don't do STR I thought MAYBE there was a distinction at 28 days that helped with justifying it as a passive actiivty. 

Are the units in that bad of shape, like needing to correct code issues, or are the renovations/repairs being done more out of justifying and increase in rent?

You can have more than one and for asset protection there can be benefits to that strategy as well (just have to make sure the fees justify the multiple accounts and the returns you are earning).

Fees should be clearly stated in writing, easy to understand, and justifiable.

Sometimes I see owners try to justify a higher purchase price or a low cap rate with a higher monthly rental rate.

I own my home, but am about to rent it out and downsize into a smaller rental (kids don't come see me enough to justify larger house).

I have heard plenty of horror stories that justify this stand.Today, attorneys and CPAs can do business from a remote distance, thanks to the communication technology that we currently enjoy.