Point is the above comments there are many other more effective ways to meet the FINCEN stated objectives for tax evasion, money laundering and terrorism.   

Prior to last year, effectively any SFR was eligible for a short term rental license.

You could put in a range of numbers for purchase price and closing costs, renovation expenses, and expected returns and you could very quickly get a range of projected return on investments (although an excel spreadsheet could easily do this as well), but I'm sure as technology develops we will see even more sophistication in AI's ability to assist in deal analyzing.

You have to determine if the additional complications and costs are worth the investment in a Title Holding Trust or Land Trust.  

However, its subscription costs can add up, and the effectiveness of direct mail depends on execution and market conditions.

Then you subtract your expenses: (1) Fixed cost: property tax, STR insurance, utilities, landscaping, etc

A cost segregation study will help maximize these properties depreciation expenses in the early years.

I'd love to get more conversation going about the new MA ADU law going into effect Feb. 2nd.

Raleigh specifically has introduced “Fast-Track Plans” designed to streamline permitting to build ADUs faster and more cost-effectively.

These types of properties require experienced management to navigate the challenges effectively.