The important part is operating it properly. 

Most importantly, harvesting losses is only possible if you reinvest in a similar but not the same exact investment.

Time in the market is very important to long-term rentals and if you can learn to buy one good deal per year and become well-versed in Section 8 you will succeed.I like the model of starting with self-management.

We managed to navigate it, but it was a lesson in the importance of understanding both federal and state regulations.Given your location in Boston, Massachusetts, it's especially pertinent to consult with a qualified intermediary or tax professional familiar with both federal and Massachusetts state laws to ensure a smooth exchange process.

However, it’s important to factor in HOA fees, local regulations on short-term rentals, and property management logistics.The Las Vegas market doesn't follow the 1% or 2% rule typically seen in cash flow-heavy markets, but it can still offer good returns through appreciation and strong rental demand.

Happy to talk further on the area (we are large enough to offer options to focus on student rentals/UW Madison campus, and anything from Class C to A locations or suburban/surrounding communities) but to help you consider broad initial search, you could start by deciding how important cash flow is. 

Operations as xxxxxxx.Your Operating agreement is the most important feature.  

I am trying to find alternatives.Can I import my QB data to any of these tools you managed above?

that's important - a lot of folks want to pick a property on Zillow and buy it just to "do a deal." 

How do you evaluate those things and more important what is the checklist I need to go over when considering a lot of these characteristics in Western North Carolina.