With  my wife's business (realtor) we had to pay the 15% SS /med tax in addition to a tax rate of 28%.

I'm interested to hear anyone's experience with short term rentals on the Kansas side in the KU Med area.

PAIN MEDS.)

I NEEDED to make it.When you are a mom and your lil child is sick in bed needing money for meds, you would do what ever it takes to make it happen.And it starts with that mind set.You need to NOT rely on others.

The entire STR industry in the med center, and the people who bought in Sunnyside of Houston are all in this situation. 

You get “paid” automatically....the llc is disregarded as far as taxes go, so you’re paying tax on any profits anyway, you simply take the distribution...no need to “pay yourself a salary” as that turns passive income into active income, with ss/med taxes getting added in.

When I get a reply from someone interested in my low ball offer I go into due diligence mode and research how utilities are being paid, necessary improvements etc etc)If someone has a better idea to quickly grasp the potential of a multifamily please inform me :D Musa

Her huge student loan also confirms that she was a med student.

Purchase price from the record was $105k and is located in a Med School ( residency program dominated) area close to the University of MN.

Seeing what I can make throughout the different seasons, I'm looking at around $4k per month and $3.3k in expenses (between loan and 25% management fees, and odds and ends)It's about 20 min from the beach, in a mountain town overlooking the Med, but is definitely more of a retreat. 4 beds, 3 baths, beautiful terrace with a hot tub you can soak in while staring at the Med.