I actually started flipping properties and then transitioned to wholesaling because it was the best-suited model for scalability for me.

Hey all,Last summer I transitioned from a LTR to MTR in my house-hacked duplex.

They're often a goldmine of information and resources tailored to your area's regulations and can offer guidance specific to your situation.Best of luck with your new property and navigating this transition!

I like Upward transitional neighborhoods.

STR is not my area of expertise, but I can tell you since November last year I've had probably 50 leads / sales calls with STR owners in the Kissimmee area looking to transition to LTR because their STR is not performing as well as expected.A lot of investors purchased during COVID times when during a time of inflated tourism and it has since returned to normal, but supply remains high. 

The hot mop dude takes pie when pie is passed, the Marmorino plaster artist also books two jobs at one time thus he will hold you up if your schedule is not in stone and you want that smooth marble look not popcorn from the guy with grease stains on his rear. 

The residential brokerage industry is in transition right now; after numerous attempts the last 15 years by well financed - venture capital backed companies that attempted to "disrupt' the industry (ibuyers, Zillow, buyer's only agents, public access to MLS, flat fee MLS, discount brokers), we are still at basically the same place we were in 1975, i.e., 6% commission paid by seller.So, the next step is compliance with the settlement agreed; no offer on MLS of seller agent sharing points with buyer's agent.  

I hope the contingency period goes smoothly for you.

As accountants we need to keep clients realistic about tax goals and shoot town the "I saw on tiktok" or "produce clerk said this strategy" to keep them on track and their networth growing in a smooth and tax efficient way 

.- Starting properties from the ground up with our expertise in what is needed for a rental to last and run smoothly, from simple furnishing to complete remodels/renovations.- Running properties as the businesses they are meant to be.