Well, STR can work well for people who own a vacation house for personal use, and just want to generate some extra income when not in use.  

My goal is to help property owners navigate management challenges while ensuring their investments are well taken care of.I’d love to hear from experienced investors about what’s working in the Charleston market and share insights as I gain more hands-on experience.

This happens all the time, usually with heirs, but it can be squatters as well.

@Ivan Castanon I am in the Tampa area as well!!!  

I remember being 30 minutes into a call and him saying “alright well I don’t know what else we have to talk about.”

Would like to be more hands off as well.

As for your ques if to wait, well, it depends on the market, in some parts of the country prices are still going up, slower, but still going up, other parts the prices are coming down, you know that area, what is happening there? 

Consider cleaning, lawn care, snow removal and supplies as well as utilities  in your calculations.  

Beyond trying to connect on this forum would recommend look in the BP Meet up section and checking out local DFW FB RE investor Facebook groups as well as Meetup.com and Eventbrite for local events. 

And yes, the income from renting is still taxable, but ideally you are offsetting a chunk of that with depreciation which is a non-cash expense.You should read Amanda Han and Matt MacFarland's books as well which are available in the BP Bookstore. https://store.biggerpockets.com/products/tax-strategies-book...