We live walking distance to downtown and would not trade it for anywhere else.The racing season is great, but the town is busy all year as well. 

If I buy deals which are mediocre today, I doubt I regret them in 10-20 years if I hold.You're investing, some people here are trading.

Why trade a 3% mortgage payment for an 8% mortgage payment, on a similar priced house?

I'm predicting a lot of side hustle agents trading in their licenses for an Uber gig.

Trade up to larger stuff later.

This scenario forecasts a potential 9.85% cash-on-cash return for an all-cash investment.

I have a giant sheet with hundreds of lines of info: OpEx, transaction costs, holding costs, contingencies, rent forecasts, etc.

Like any trade, you need to get a few quotes, ask what they specialize in, and see if you are a good fit.

Qualification Tests Overview:50% Test: Real estate professionals must dedicate over half of their annual working time to a "real property trade or business."

I’ve seen vague listing descriptions where either the listing agent didn’t verify that fact or they were purposefully misleading by marketing those STRs as if the permit could be transferred to a new buyer.I certainly wish they could because it would help increase value of my home being able to sell the permit with it when I was ready to trade up.Hope this helps Andre!