At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.

All of these areas basically have rebuilt over time..

Maybe you get it done easy enough some times, but then other guests won't sign it because ... they're lazy, they're unsure why you're doing something separate from Airbnb, for any number of reasons. 

Lost time-  geometra study.     5.  

See properties sitting on the market for a long time, every market is different, my market anything over 30 days is a long time.

They are known as the Winthrop Factors-The purpose for which the property was initially acquiredThe purpose for which the property was subsequently heldThe extent of improvements made to the propertyThe number and frequency of sales over timeThe extent to which the property has been disposed ofThe nature of the taxpayer’s business, including other activities and assetsThe amount of advertising/promotion, either directly or through a third partyThe listing of the property for sale through a brokerThe purpose of the held property at time of sale; the classification as an investor or dealer is determined on a property-by-property basis.To me intentionally buying a property to renovate it to resell it for profit, twice in the same year, and opened an entity to do it in ....is going to be ordinary income and not capital gains. 

Quote from @Daryna Misechko: Hello, my name is Daryna and I am a sophomore in high school and I have been interested in real estate for a very long time.

Any guidance you can provide as we navigate this process would be incredibly valuable.Looking forward to connecting further!

Quote from @Sarah Hartstein: Hello everyone, I am brand new to this website and looking forward to gaining some extra insights on property within the US and beyond ;) I started as a part-time Realtor with Keller Williams in Santa Barbara, California, however domestic sales never really “tooted my horn.”

For that and time saved setting that up ourselves, PCS was worth the cost for us.