@Marcel Johnson @Rick AlbertOn Tuesday May 14th we're hosting a meetup in LA which will feature a guest speaker, CPA Edward Markaryan, who will be going over Tax Strategies for Short Term Rental owners.  

We track properties using the customer feature.

In this strategy, it's important to note that appraisers do not consider the ADUs to be actual Dwelling Units so an SFR with an ADU is not the same as a Duplex, even if all of the features (bed/bath, GLA, etc are exactly the same).

Create a template that can be used to create a listing that allows user to input key features of the property.OUTPUT TEMPLATE:Spacious Single Family Home for RentWelcome to our charming single family home available for rent!

Start building your real estate team, join if you haven't already a local real estate investing club, watch your market to see what is selling with what features, and track what properties and areas are in demand.

Purchase price: $74,000 Cash invested: $30,000 Beautifully renovated 4-bedroom split-level home that features a new galley style kitchen with 42" soft close cabinets, stainless steel appliances, recessed lights, updated baths with modern vanities and fixtures, large living room that leads to separate dining room off kitchen, three spacious bedrooms on 2nd level with modern decor, large lower-level family room with ceramic tile flooring with well-placed laundry cove, and recently laid sod in front and rear of property.

See what's selling with what features in what areas.

While I haven't personally experienced a tenant causing major fire damage, here are a few thoughts and suggestions based on what I've learned from the BiggerPockets community:First and foremost, I hope everyone is safe and unharmed.

I just interviewed them for my webinar series and was surprised how advanced the features are. 

I am a featured agent in Memphis, TN and I am helping many of my clients achieve purchase prices like this all the time!