Just remember: most negative reviews are written by problematic tenants.

There's definitely a push towards jumping into larger deals without adequate credentials based on the "team" approach concept where one can assemble a team of capital raisers, deal hunters & guarantors who all become CO-GP's. 

Of course if you're highly leveraged you'll be cash flow negative.

tax advantages for multifamily investors fall around this concept of "real estate professional". i wouldn't touch life insurance for this purpose. 

It’s really not that difficult a concept.  

I don't mean building codes are a negative at all. 

@Jonathan GreeneYou seem like a "Mom of the Road" type that completely ignores the concept of a fast lane, goes 60, and makes the world go around you because you're going "fast enough already". 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Question: If you were to purchase a STR to close in November and the seller negotiated that the buyer must honor existing rentals with the current rental company/property management until January of 2025…. 1- does this negate the short-term rental loophole for the 2024 if you aren’t managing it yourself for these months in 2024?

I agree I have been told thinking about retirement so young is a crazy concept but I think it’s the opposite, since I am young I should take advantage of time as much as I can.