We only have one small property, so I manually adjust the price based on what I see for the month. 

I have a flip property in Duncanville I am heavily considering keeping and exploring the voucher programs.

Make sure it's a property you truly believe in. 

I look for distressed properties to get better profit margins How did you find this deal and how did you negotiate it?

Just because other people might be getting away with it for now doesn't mean they couldn't crack down on you after you buy a property their.

@Joe Frank I’m a huge fan of Turbo Tenant to market properties, manage leads, screen tenants and lease up.

. - Of course, you may need a Property Management Company to handle each rental when you move again.

Hi BP Members,I shortlisted one RE property with $350K purchase price and with good long term tenant income ($4400 PM current).

Hey @Dan Porat Are you looking to acquire properties based on watching this deal analysis or is it just pure entertainment?

Just to present an alternative point of view regarding California residents investing in STRs, I'd say the gambit still works and works well.For one thing, you still get to use the Section 263(a) tangible property regulations' de minimis rules, which probably mean you can immediately expense most of the furniture and fixtures in your STR.For another thing, while for your California return you won't be able to use bonus or accelerated depreciation for the personal property, you will still use shorter 5-year and 7-year lives for maybe 25% of the improvements.But the big thing: The federal tax bill is far, far bigger.