Even if you had a good deal, how much did you make after taxes?

I also suspect inflation will drive continued migration to lower cost of living / lower tax states.  

Thanks again for your input, and I'll probably reach out as I get further along in the process.Hi @Edward Zachary Samperio, the regulations aren't that difficult and I'd be happy to give you a quick rundown about the density limits, hotel occupancy taxes, permitting, etc.

Ensure you collect a proper security deposit (typically one month's rent in Florida) to cover potential damages.Your plan to increase rent next year makes sense given rising costs (taxes, insurance, and maintenance).

Taxes are the $100, so about $290 a month expenses. $110 a month in cashflow.

No personal income or tax returns are required.

I learned so much from the course and PCS, and I'm claiming all of my cost on my taxes.

As someone mentioned, the only thing passive about real estate investing is the tax treatment. 

Quote from @Michael Overall: Good day, If an investor has 10 rentals and wanted to over time sell them and put the money tax free from a 1031 toward a large purchase is there a process to do that? 

Just make sure you are saving towards those slow months during the peak months, buy a deal at the right price (don't overpay just because its a turnkey STR or you think it will make more money than projected), and look into ways to increase bookings during those slow months with some marketing and operation tweaks.