If we were not able to raise the price of our homes by 20% or more we would had to stop.. my LORI plan started at 600k sold two of them and made our normal 100k net.. last loris I sold 36 months later went for 850 to 900k and we made right at 250k NET on those ones.. so it was very specific to plans that CASH buying empty nesters wanted ..

BiggerPockets meetups and REIAs can be super helpful.Feeling overwhelmed is totally normal at this stage!

And you're having them  wash sheets and towels and make up beds, which normal cleaners don't do for someone living in their house full time. 

Normally it's single family or multi-family that's the easiest place to begin.

Normally your home owners or Blanket coverage would cover some of this.

I have learned that in today's world of information you do not need to limit your investment to just markets you live in or normally travel to. 

Normally I would say no but for a small condo the durability should be less of an issue. 

Many of the people that come are members of Lifestyles Unlimited so they sometimes talk about upcoming events for members only, but the meeting is open to everyone and they share some excellent information. 

And another part of the town considers it to be residential, so it's exempt from most building codes and inspections that would normally apply to hotels. 

What is the best way to figure the income on an STR that is not normal for the area?