Investors might want to start exploring smaller cities or less-saturated markets poised for population and business growth.

I was conducting an extremely seasonal business and after 8 years of operation the business was insolvent. 

Make sure you do business with people you have vetted and are confident they will get the job done. 

I'm a retired engineer and have been successfully using income from these houses to support my retirement without dipping into retirement savings.I'm transitioning my business from rentals to a franchise and would consider selling one of my houses (5 br/4 ba - the other houses my son while he's still attending).

New people should learn to fix stuff, do leasing themselves and grind it out so they understand the business.   

For someone managing multiple properties or with a busy schedule, automating some parts (like initial messages) can save time while still allowing room for personal touches later.It’s inspiring to see your dedication to responding so quickly, even at 3:30am!

Here is what the IRS says on the subject: Election for Husband and Wife Unincorporated Businesses A business owned and operated by the spouses through a limited liability company does not qualify for the election Only businesses that are owned and operated by spouses as co-owners (and not in the name of a state law entity) qualify for the election.

The program has been great for my own STR investments and my co-hosting business.

She also mentioned that they’ve been in real estate since 2006 and have managed over 30 properties (though this is more of a side business for them), which suggests a mom-and-pop operation.

If they are too busy or too lazy to answer a call or send a short email, what else are they too busy for?