Tourism and Vacation Rentals: With famous attractions like Disney World, Universal Studios, and miles of beautiful beaches, Florida attracts millions of tourists annually.

That's the beauty of Bigger Pockets. 

I have seen too many investors create a truly beautiful property but a much higher end product that is out of the market norms cutting deep into their profits.

2- If I employ a full-service property manager to handle tasks such as cleaning, maintenance, booking, and guest communication, while I focus on business aspects like property search, renovation, decoration, bookkeeping, and supply procurement, would this still qualify as material participation or could it pose a risk?

Congrats - beautiful design

“The lightbulb is in excellent working order and comprised of a beautiful retro teardrop illuminator, offering original glass and metal features and located very centrally in the middle of the room.

That’s the beauty of free enterprise.

This 4,617 square foot beauty, sitting snug on a 0.26-acre lot with 6 bathrooms, seemed like a promising catch when I snagged it off-market back in September 2023 for $610,000.

I just viewed what looked to be a beautiful 3 unit in the photos a few days ago, but when I got there it was apparent the building had a natural gas smell in the basement, plus the owner pays all heat for the building since there is only one furnace.

The property is beautiful and would make a great vacation home, STR, or primary residence.