Gotta admit, I'm pretty impressed.It's not specifically for real estate investing or anything, but it does have some features that let you model rentals as part of your broader financial plan.

I have been a passive remote landlord throughout the time, thanks to my agent and nice tenants over there.We have almost enough cash to pay off the remaining balances of the mortgages but obviously we want to use it in a different way.

It requires a higher down payment and remote management, which can be harder without a strong team.House hacking with a VA loan is better for hands-on management; DSCR is great if you're ready to start from a distance.From a tax perspective, if you intend to qualify as REPS or have material participation in STR, being overseas will prevent that.

Then decides who he is going to assign to fulfil those parts- such as the six foot fence, and the security guard company. 6 foot fence rental can be expensive, security guards 24 hours a day can be expensive also, and on top of the contractual requirement, some security guard companies will require two or three guards on your site plus a supervisor visit due to its remote location or fear of the guards of the local bad guys.

However, if you have the time and resources to manage it remotely, it can be a rewarding experience.Feel free to reach out if you have more questions or need recommendations for property managers in Colorado Springs.Wishing you all the best on this new journey!

I would strongly encourage getting one with good internet, as a bunch of the tech crowd from Atlanta will rent it out in order to work remote.

These areas not only offer reasonable purchase prices for many investors, but also feature turnkey homes—either newly built or fully renovated—ready for tenants, with systems that still have around ten years of life left.

It is HARD and you are adding a cost burden to everything you do remotely.

I will say, with furnished rentals, it takes time and money to fully furnish them with all the bells and whistles but it did allow me to get higher rents... only downside is, if you are out of state, it is not easy to manage remote unless you have a good property manager/company.I have personally started to transition out of STRs due to zoning/town regulations and have already unfurnished one of the apartments to turn it into a long rental for more stable residual income.

"Can you send someone out to show us how to work the tv remote?"