You have to treat your tenants like guests and provide them an excellent experience  2) competition is heating up so you have to bring your A game.

Have you checked with all the SOFA status rules to see if you would be allowed to buy while there? 

It is not a cookie cutter answer, and really depends on the property, location and if you have consistent guest demand based on that.

@Whitney HuttenI done a couple podcasts with Dan but it’s been awhile.Happy to be a guest again.Arn Cenedella1 Wofford Pine Taylors SC 2968726 unitsJune 18, 2024Lead sponsor Yes.

Easy platform to program guest specific codes.  

Even when they are occupied, guests are often away at attractions, with the house being more of a sleepover post than something they are living in.

We run a 53 acre ranch in the middle of Texas, and the stress of unexpected problems coming up with not enough time to resolve them (septic, water lines, other equipment malfunctions, adequate pool maintenance) between guests is too great.I'm aware there's money left on the table.

It took years for me to find the right fit with some of our partnership groups, but once you hit gold...game on. 

Looking at 4-5 months from initial offer to listing and I have a GC handling all the work, so my time has been just driving to check status/give input/drop off payment.

@Michael Plaks is spot on - character wise, 1099-R income falls in the same "bucket" as a W-2 wage would be, thus to offset this income with real estate losses, it follows the exact same pathway (ST rental with material participation or REP status with traditional rentals), but since you don't have all your time sucked up with a W-2 job, you have much greater flexibility to hit those related hours thresholds under those paths as well.No idea if he's taking clients - but if you are looking for local(ish) and qualified in TX, Michael is also likely a great one to reach out to.