If you're the type of investor to leave lucrative vacation rental investment to luck, then this post is not for you..It is intended for those that are looking for a fool proof strategy and tips to finding, assessing and buying an STR in the mid to near term. 1.

             Hello fellow real-estate connoisseurs, my name is Phillip. I am 24 years old and currently in the beginning stages of my real estate journey.My goal in life is to be financially free using real-estate to ...

I have till mid-late 2025 to sell without capital gains tax (< $500,000 couple).I'm trying to figure out how to improve the performance of this property and have some thoughts about it, but would love to get feedback from other REIs.Option 1Add a ~800 sqft ADU in the backyard which I think costs ~$250/sqft (total $200,000) and I think could rent ~$2,000/month.

our build cost probably are close to maybe even less than some areas of the mid west ?? 

Fair Housing requires us to treat all applicants the same with regards to screening.Does your existing lease specifically allow or exclude the potential for a mid-lease modification like this?

During the Fall season, you will see shorter stays of 3-4 nights vs weekly rentals like Summer and January-mid March will be monthly rentals typically. 

My unit's lease started mid-month so I turned on collection for the pro-rated rent (which would've come out to $835 for the remainder of the start month) and security deposit.

I have a good roommate that pays on time and just does his own thing.. however a few weeks after he moved in (mid-Feb) I heard his toilet (main toilet) running and found he had hooked it a few links higher so the flap wouldn't seal.

You could sell this one and buy houses in the mid-west that are sturdy and don't have insane insurance costs. 

Those were all C class mid west stuff..