Hi Yael, I am a featured agent from Bigger Pockets in the QC market and can assist with all of your questions.

I own 4 STRs in Indy and have looked into the Nashville, IN market.

Sent you a request–– here to help, discuss the market, etc. any time. 

I suspect most who requested cash for keys had previously received cash for keys.What I do instead is explain:- the housing shortage in my market and that an eviction will forever make it difficult to find a quality rental in this market. - I will ding their credit such that all credit cards and other debt will cost them more.- I will keep their security deposit for funds owed.- I will do my best to garnish future wages until their debt to me is paid in full.This has worked 100% time so far.  

Purchase price: $230,000 Cash invested: $283,550 Sale price: $283,500 Purchased off market. $25,000 Rehab. $20,000 profit after realtor commission.

For funding, explore options like FHA loans, personal savings, or creative financing, and focus on New Jersey markets that align with your goals, such as Newark for rentals or commuter towns for house hacking.

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

Depends on your market and competition.  

The same money could buy 1-2 full properties that would rent for more, depending on the market you choose. 

As with most municipalities and jurisdictions, the evolution of the AirBnB market has spawned regulation and restrictions on where, when and how a STR can operate.