@Lynette guy I have been trying to contact Evolve as we are renting a place through them for Christmas as tenants (not hosts/owners) and they have not responded any of our communications via air BnB platform.

Still running the numbers, but the plan is to BRRRR but flip would be the backup exit strategy.Does anyone have experience installing HVAC in old houses that do not have central air?

If they are going to be there post closing, at minimum have your agent do a final walk and take photos and video as you will now be the landlord and responsible to hold them accountable for any damage, so document.Once you get it up as a STR, you should go at least once a quarter to make sure cleaners are doing a great job and make any needed repairs or adjustments.

A metal object doesn't care if it is 20 degrees with still air or 20 degrees and windy. 

We were supposed to close on a property in three days, but the seller didn’t mention an insurance claim related to the air duct in August 2023 (the home was built in 2019).

Purchase price: $1,700,000 I invested in the Bel Aire Apartments in Burlington due to its potential for long-term cash flow and appreciation.

This might be a case of speaking with some different lenders but the only difference on the DSCR side of things is that the Air DNA method to calculate potential rent will have a slightly higher interest rate. 

My cleaner hates that lol

If you want to deduct losses as an LP, you must materially participate as a GP also.Various Sponsors (including Lane): Yes, it can be done I am also attaching a IRS Publication:  Passive Activity & Risk rules

I am looking to change my life and the lives of those around me by investing in Real Estate.I am most interested in long-term Rental Properties, moving into short-term like air bnb and flipping.