Family groups were the main segment of demand in the area so we added a PS5, next level colorful beach chairs, Nintendo switch, hammocks on the deck, re-staged, retook the photos and increased revenue to $67k in a year that RevPars had decreased for the market   Woah Zach !

In Columbus, C Class properties are typically the 1% Rule and can cashflow more but it's highly recommended to not try and self manage them - use a property manager that is well versed in getting those units filled or kept on tract, post notice if necessary to prep for an eviction.

I did a little bit of research and notice that the AirBNB market is saturated so it's good to hear your take on it as well.

Have you driven past the unit and noticed anyone living there.

Also remember with condos cashflow can be a moving target a special assessment can come along and constrict your cashflow without notice

Many colleagues I've spoken to start at $1,200+ and I've learned the hard way, you get what you paid for.Unless you have a tax background I would not recommend tackling these returns yourself given all you're doing and if you plan to add more partnerships in the future it's even more important you work with a tax professional you know, like, and trust.I've seen people in the same situation to save ~$3,000 in prep fees, did the return themselves, then received a $120k IRS notice of change to their return.

I guess it only matters if you get sued or a notice to appear. 

@Jim Bouchard the only thing I noticed you maybe should address is making the screen doors not slam when closing.

Rates have now decreased from averages in the mid-7's to now upper-5's, yet the market has not seen a "speed up" -- likely due to the seasonal swing, and the upcoming election. 2025 should see strong property value growth, with increased inventory, but also increased buyer activity with rates expected to continue downward. 

Anyway, the tenant, the reason he gave notice was because he was buying a house.