The capital gains exclusion is available to owner occupants primary residence.

The way I interpret the following policy clause is that so long as the property is defined as other than "VACANT" which is the case when the property is being "constructed, altered or repaired", the 30-day time period and vacant status does not apply in this instance: We do not insure any loss at your premises if your dwelling has been vacant for more than 30 consecutive days immediately before the loss and the declaration page indicates an occupancy other than “VACANT“.

If they don't, then you can dispose of the items (sell, give away, trash, keep, etc.).The husband is not the legal occupant, so you have no requirement to give him notice or access to what was left behind.

If not, you’ll need to resolve these liens, which could complicate the investment.Current Occupants: The family living in the property could be protected under Massachusetts’ tenant and housing laws.

Start with a competitor analysis—see what STRs and MTRs in your area are charging and their occupancy rates.

Each persons ability to take advantage of opportunities and/or incentives will be unique.Overall you want the find the highest and best use of your cash that delivers the fastest return.If applicable to an owner occupant purchase, the best use of funds would be to accomplish getting down payment assistance, utilize a 203k or HomeStyle loan (to force the equity), and to house hack.

So I decided to go to my listing every day and change little things (upload a new picture, switch the order of the pictures, change the title of the property, add more or different info in the about section and edit price) The next day, we went from 0 bookings in January to 71% occupancy!  

It’s easy to say “just screen better,” but I imagine truly tightening up criteria without killing occupancy can be an art.Since you’ve seen this play out firsthand, I’d love to hear more—what specific strategies have you used to filter out the bad tenants from the good ones?

Competition with owner-occupants and the age of the homes (70-120+) will squeeze your margins and expose you to a fair amount of risk.

Check their occupancy, nightly rate and amenities.