With that type of income you can buy rentals with cash in a short amount of time anyways.

Did it meet your expectations, fall short, or exceed them?

Hi All,  I have ten properties in Lufkin, including a small commercial building and a short term rental. 

In the short term there may be some hiccups given what I have heard.

With my increased AirBnB performance, I decided to turn 2 other rental homes into short term rentals and decided it was worth investing in proper training to make sure I was doing it right. 

Sell your lumber right before the next Rainy season, when supply of lumber is Short, "hopefully", or you will need to sell at a lower price or carry for a year.What does this have to do with Real estate? 

Most of our investments we look at IRR (time value of money) to determine which investment is a good fit for us at this time - which factors in returns, risk and time of investment - is it a short term investment we want to get appreciation play or long term fixed income investment.

ThanksI bet that's a good short term rental market!

Build an SMB on top of your real estate (the reverse of #2)Short-term rentals and high owner-participation real estate businesses can have great returns.Obviously not for you if you just want passive RE.We are in the deep end here, where each case should be judged on its own facts and merits by your CPA.You should hire a professional to review your particular situation before you make an investment.

You take a short class 30 minutes over the phone and once you finish this process you typically can save around 1% off your rate!