They had friends in town and enjoyed entertaining.

It's possible the deal is ok, but your enjoyment percentage, even for 18 months, isn't that great in a unit like that.

That leaves you with a good chunk of change to start the business and grow from that point with rental income/passive income coming in each month.If you have any specific questions and want to talk about Pinellas, Citrus or Hillsborough reach out I always enjoy talkng REI.

I enjoy how this thread devolved from "Education Expenses" into someone promoting tax fraud since "they'll never figure it out".But...occasionally they do.

A: "The lady downstairs goes outside to smoke (nice), but her smoke lofts up to my open window."

I'm looking for long-term investment opportunities in growing market and am excited to build my portfolio.Outside of real estate, I enjoy surfing, live music, and traveling.Excited to learn and connect with you all!

I'm particularly passionate about the Houston areaOutside of real estate, I enjoy making money, hanging with my family, and traveling. 

This can use an FHA loan and you'd likely qualify and be able to enjoy a low down payment.

I'm particularly passionate about home flips and trying to acquire some rentalsOutside of real estate, I enjoy working out, construction, and spending time with familyExcited to learn and connect with you all!

I'm new to real estate investing .Outside of real estate, I enjoy the beach, gym, fishing and boating.Excited to learn and connect with you all!