So you are able to get the cash flow, tax deductions, etc.

Use umbrella insurance as an additional safeguard, especially if you opt not to form an LLC.Avoid S-Corp taxation for rentals, as rental income is passive and not subject to self-employment tax. S

Many investors share opportunities, tips, and advice in these groups, which could lead to mentorship connections.Shadowing tips.

Most Florida markets will share some dynamics though like taxes and insurance. 

The forums are full of experienced investors who are happy to share advice and tips to help you succeed.Best,Jarret

Usually the numbers don't work to build in these neighborhoods, unless government tax credits, etc.Do you see the problem with your two statements:"The turnover costs could/will be high"and"How much more damage could they do?"

If you're in the market for an STR on the Oregon Coast (or really anywhere for that matter) here are some tips to be successful this year: - Know your market.

But I read that there's downsides in doing that just don't know exactly what- capital gains tax, etc. also I was told to open up a new LLC and use my current LLC as the manager.

Pro Tip: Use a simple landing page to promote your lead magnet, making it easy for sellers to download it in exchange for their contact information.Why It Works:Providing value upfront builds trust and gets motivated sellers into your pipeline faster.2.

But thanks for the tip.