In addition, they have had their real estate agent manipulate the MLS listing numerous time since being under contract, which we have record of.

@Ricky Rodriguez  This is an in-depth response, but I have in-depth experience on this, so here goes...I’ve house hacked numerous properties (and also done BRRRR’s, STRs, ADUs, and pretty much every other residential REI strategy), and I can say from experience that house hacking is the BEST strategy for new investors getting started (check out my other forum posts about what makes house hacking such a good strategy).As I’ve said many times before, house hacking is generally easier than the more advanced REI strategies (like BRRRR’ing, STRs, flips, etc.), but that doesn’t mean house hacking is necessarily easy.

My time is invested identifying the areas and properties that are both eligible for a vacation rental permit license and likely to produce investable rental revenue, but beyond negotiating and supporting the transaction, is the facilitation, transition and optimization to an active vacation rental.Here are some key points for out of state investors of nightly vacation rentals to consider that are just as essential to success as the 'right' property:- The RIGHT People  Operating an AirBnB or mini hotel is hard work and it takes a tribe.

I've helped numerous clients successfully purchase condos and houses as cash flowing STRs.

Numerous investors (even very famous ones) were quoted as saying real estate values always go up.

That's why investor look at numerous properties and make calculated offers.

Meeting the test criteria, which includes working over 500 hours in the business, overseeing all necessary tasks personally, or substantially participating alongside a partner, facilitates the strategic utilization of the short-term rental tax loophole.

It means that if something is "added back" then it does not reduce the rental-income one reported; hence meaning more is applied as " rental income sources" towards bringing the DSCR numerator up...towards the 1.25x needed for loan approval odds.     

This amenity has attracted numerous buyers investing in million-dollar-plus villas arriving in private jets.

The property is located in the Midwest and me and my business partner have ran the comps, numbers and called numerous property managers, handymen, inspectors and even asked locals on reddit to get a better understanding of the rental calculations and local biases in the area.