Only enroll in coaching if you've read a handful of multifamily investing books that has given you a baseline.

If you haven't already, read "The Book on Estimating Rehab Costs" by J.

Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Short Term rental market/AIRBNB.Also if there is a specific group for Australians and short term rentals for Australian market/Australian tax system etc, do point me to that.Rod

The property ended up being his book keeper's home that she had rented out and was needing to sell.

I've read over 50 books on REI in Japan but haven't done much in the US.

Transcribing transactions from bank statements, posting transactions to the correct accounts, and then manually creating an income statement, statement of owner's equity and a balance sheet is a fairly time consuming process and I have not been able to keep up with the book keeping between my regular work responsibilities.What accounting software do people recommend? 

One challenge was getting the hotel occupancy up after renovation since no one had booked or stayed in years so there was no existing guest base.

Build your knowledge with books, podcasts, and online resources, and network through local REIA meetings and virtual platforms.

This is pretty clean.Scenario 2:  Your partner has owned the house for 15 years and has been taking accelerated depreciation, so the book value of the house is very low. 

However, if you didn't get the results you're looking for, please contact me so we can help and do right by you.Again, I appreciate all commentsI'm an open book and my truest desire is to help.Thanks.