Things like this are why it's important to work with a professional who is well versed in real estate taxation because the "common/simple" strategies taught frequently like BRRR or house hacking actually get fairly complicated when it comes to handling it correctly. 

Furnishings and outfitting run about $20/ft professional but if you DIY at $15 and its 1,500 sq ft $22,500.AirDNA has the property at $65,000 Annual Gross.

I love the flexibility they offer for traveling professionals, military families, or folks in between moves.My main questions:Have you noticed increased demand for midterm rentals in this area, particularly from military personnel at nearby bases or healthcare workers at local hospitals?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Going live as a STR in 2 weeks Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

In the professional opinions and experiences of the investor community, what place in WA state would you invest in a Long term rental?

I’m getting re-acquainted with the BP community after purchasing my first house hack in the Pittsburgh area, and would love to make some connections with other like-minded young professionals and investors in the area.And if there’s anyone out there who’s just getting started and looking to make the jump to buy their first property, I’d love to offer up advice, share my network of contractors in the area, and answer any questions that I can from my experience over the last 6 months!

When I spoke with a real estate professional, she said the home would probably sell for around $250k in its current condition.

Readers should seek professional advice.

Utilizing the many resources to analyze deals and help find investor friendly professionals in your area has helped me tremendously.