Hey friends, I'm an agent in Daytona Beach and I locking in my first short term rental listing.

Miami is a great place to invest both for short and long term rentals and with condos, property management is simplified but be sure to ask about HOA fees as early as possible especially if you intend to go with a DSCR loan.

No...there are many reasons why installing it over the carpet will prove to be a nightmare in a relatively short period. 

Thanks There's never any guarantee you're going to get 100% of your own cash back out of the house especially in a short time frame.

I’ve been struggling with no bookings for two months and low view rate, and to top it off, the city just set stricter rules for short-term rentals.

This benefit allows the owner’s estate or heirs to receive the property at a new, higher basis—reducing capital gains taxes if they choose to sell the property after inheriting it.In short, partial disposition allows tax deductions for retired property components during ownership, while the death step-up basis resets the property’s depreciated value, providing tax relief for heirs.

Imaging $1 Uber rides, then tipping the driver based on the actual distance.

I said no but it maybe cost you 50 bucks a month other wise your tenant is paying off your principal and 3 to 5 years goes aweful quick then you own it free and clear and you just put 10% down and tenant paid of the rest what are you really going to do with 100 a month anyway... it was funny that was a hard sell. but I can tell you I did about 50 of the no interest and as they paid off you talk about a happy buyer getting their reconveyance deed in such a short amount of time.. 

Never invest in Longterm assets with short term debt.  

In related news, we had a guests for a  10 day stay and they wanted to cut the stay short.