As for agencies being vehicles for personal views, i have not found that to be the case, and in any event, you will find that personal vehicle or not, quashing a government subpoena prior to execution is rare.I’ll stand on what i said.

Even though it's been standing for 30 yrs or so, it's one major flood or major erosion event from some major structural failure in my opinion, especially being so close to a body of water.

Not concerned of a repeat situation - but more concerned generally about black swan events. 

I think my post is a bit all over the place just to cover the main events that tie together.  

In the event that the activity is determined to be dealing inventory by the IRS, the total taxes on the profit are high...

Our units are in B+ areas so our tenants have credit in the high 700s, have over $10-20k in savings, and call us if we don't cash their check in a timely matter to make sure we got it in the rare event they aren't set up to auto pay electronically each month.

Understanding the impact of operation expenses and cap ex when those events occurs is really critical to the performance of real estate. 

Distributions from an LLC are not a taxable event.

This step ensures compliance with local regulations.From my experience, when I had an STR in Cleveland, I only did the regular rental registration, so make sure you complete both registrations to avoid any issues.Cleveland is a popular spot for STRs, especially for visitors coming for sporting events and medical purposes.

I am new in the real estate industry and want to see if you have any tips for a new agent, also any events or recommendation to start meeting people and getting more connected to the Real Estate world.