It doesn't clarify whether you have to own two properties in Colorado before triggering commercial taxation of the third short-term rental or whether you can own two in, say California, before an STR in Colorado would fall under this law.

In fact, providing substantial services changes STRs from a rental activity to a business and triggers self-employment taxes on the net profit.

We hear that a lot of investors in the area make a killing in that segment but were just not confident pulling the trigger and going that route.How has dealing with Airbnb or furnished finders been?

I hear different things when educating online on what is the best method for lead generation and I’m not sure where to pull the trigger.

With commercial DSCR loans that have prepayment penalties, (could be similar with other products as well) if you make a principal payment before the pre payment penalty expires, it will trigger the fee.

Property management is a tough business and thankless at times for the PM company itself.Tenants complaining things aren't fixed quickly enough and landlords complaining things are costing too much to fix lolAnd then you have the constant hiring, firing and babysitting of the maintenance personnel.Reviews and referrals would be your best bet.Read what both landlords and tenants are saying and how the property manager is replying.IMO, any property manager with a 4 star rating or better is doing really well.You will find many decent property managers having between 3-4 stars.Again, it's a tough gig as folks rarely leave a good review when you perform but are super quick on the trigger for $#@% review even for the smallest issues.Wishing you much success 🙏

One more tip – people remember stories that trigger their emotions.

I'm kind of stuck in the middle between pulling the trigger and get the proper under contract and just saying no because of the condition and location of the property. 

Hello there, friends - I'm interested in getting licensed as a Mortgage Loan Officer, but I'd love to run a few questions by someone (or multiple folks) who already have boots on the ground in the industry to get some firsthand perspective before I pull the trigger.

The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd househack, you can use conventional and the rules that I mentioned above will not be a concern.