(Currently, Airbnb properties would be taxed at the commercial rate if their short-term rental bookings amounted to 90 days or more in a year.)If the bill passed with a 200-day trigger, you could have a 54% occupancy rate for the year and fall under that threshold.

We took about a year or so to finally find a deal and pull the trigger.

Probably still not cheap enough for most investors to pull the trigger and probably too "run down" or difficult to finance for retail buyers.

Rates are generally 4.75%-6.25% depending on the terms of the note.The use of non-IRA funds to leverage the IRA triggers a tax known as UDFI (see IRS publication 598).  

I know it sounds like I already have my mind made up but I'm getting as much input as I can before I pull one trigger or the other.Thanks!

If you're itching to make a deal, and you know your numbers are spot on, then pull the trigger.  

Before you pull the trigger Angel, reach out to Kevin Bupp. 

Then their profit.. so for a Turn key company to buy it back you would take probably a 25 to 35% hair cut on what you paid for it minimum.Buy and hold turnkey mid west deep south rust belt is a very long term play.. and most will tell you 10 is the minimum you need to get going.

How long did it take you to pull the trigger?

Personally, he'll be a lot better off for asking on here than if he had just pulled the trigger on it.