There doesn’t seem to be a lot of great deals where I am since land has increased in value so much in the last few years.

The importance of lowering expenses and increasing efficiency to maximize property income.

Currently we are seeing STR owners posting for sale due to reduction in prices they can get per night and the vacancy rate increasing. 

Rehab costs, taxes, and interest during this phase increase the depreciable basis, providing long-term tax benefits.

They've increased the price several times in the last few years. 

It's not that different from a normal rent increase.

A coach makes sense if you are 23 and want to increase your skills enough to earn a living with the sport.

page=LoadVirtualDoc&BookmarkID=6536) that capped annual increases to the Taxable Value of a property to the lower of 5% or Michigan's Cost of Living increase.

There are a lot of ways to crash and burn, so increasing the odds of succeeding long term should be your highest priority. you can always sell your local assets once you're comfortable managing rentals and ready for a market that better-suits your criteria. btw, kudos for being self-aware of your limitations.

Historically, the average days on market (DOM) for rental properties only increases by about 6 days during November and December.