I'm also open to suggestions on other (post covid hopefully) reading material, podcasts and resources. 

Materials won’t be that much a couple hundred maybe.  

Purchase price: $400,000 Sale price: $449,000 Contributors: Peter Vekselman Partner Driven, alongside Matt & Penny Winfrey, bought a property on SE Blockton Ave in Port Saint Lucie, FL, on 8/29/2024 for $400,000.

If you're passing along cleaning fees to the guests, then they shouldn't have such a material impact on your profits.I'm speaking from experience a little bit.

Her work in this way again is not influenced at all by if it is an LLC in her name, your name, or both - it is based on actual hours worked.IF and AFTER you meet the above tests, you need to prove that you materially participate in your RENTAL trades or businesses, generally this is at least 500 hours per year, but there are other tests as well.If you qualify for all of the above, now you can use tax losses from rental real estate to offset W-2 income. 

You need to get a quote from a local handyman or contractor.Not sure about every state, but in the states where I invest - If you do the work yourself you can only deduct the cost of materials.

If you have a website, Instagram or other social page for the house, having those convey as well are always welcome.Our market is heavily driven by STR near the theme parks, so not sure how the SLC market works, but to me, having it still operating is a must.

Purchase price: $150,000 Cash invested: $20,000 Sale price: $260,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Jason Arguelles, bought a property on Elysian Fields Ave, New Orleans, LA, on 10/26/2023 for $150,000.

I’m a real estate pro so material participation isn’t an issue, but the majority of my clients are in the $300k-$900k/yr gross household income range and so using STRs is not only the best way to get great ROI on real estate nowadays but the tax benefits are the primary driver for most including myself.  

My agent here suggested Turlock - I haven't driven out to the Central Valley or Sacramento to look around yet.