I would not expect to hit nearly $3,000/mo in gross bookings with a 3/1 in Cornerstone Village.

Quote from @Sarah Albert: As discussed in my book, it's best to address these situations before they happen, because they will happen.My lease has an early termination clause that explains the process and penalty.

Trying to manage a $1M Airbnb rental while it sounds good you got $6500 in bookings you still have significant costs to operate it with maintenance repairs, utilities etc.

On the tax side, I would encourage you to partner with a knowledgeable real estate CPA who can guide you through the transaction to ensure you can meet the qualifications of the STR loophole.

Avery Carl's Book, 'Short-term rental, long-term wealth' How did you find this deal and how did you negotiate it?

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

That Investor-Realtor will guide you through the process of getting your first house hack closed.All the best.

Baselane is a bank that also has property management software and book keeping capabilities.

If they say it's a self guided tour with a key code run!

I prefer a guest book that they can put their hands on as well as cable channels.I cater to the well to do older Vrbo clientel and I think they prefer these.