Awesome to see a new investor-minded person here.. do you have a favorite real estate success story already?

The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.

It's like having a personal mentor guiding you toward real estate greatness.Unlock the Secrets to Real Estate Success by diving into learning—read, attend networking events, join a coaching program, and more!

I would be fine with a $10k non-refundable retainer and $500/hr. personally.

Personally, it’s something I always expect from a short-term rental, and it can have a huge impact on your reviews.To make things easier for both you and your guests, consider smart tools like locks, outdoor cameras, and smart thermostats.

We recently relocated to Phoenix last summer and I'm starting to look for recommendations for local credit unions here in Phoenix which are trustworthy, low rates, personal touch, easy/simple to work with, etc. 

the only thing with that is protecting future landlords.. but then again thats a personal choice..  

But the risk to the seller on this deal is immense you have a guy tying up a property who has no ability to close it and then sell it to whoever will give him money and that person could be nefarious get into title rip rents could give 2 craps about the sellers credit etc etc..

Juggling between work and personal life can be tough, but having a property manager can take some of the pressure off and let you focus on your other priorities

The downside will have more to do with your business personality.