Be careful of financial items or “investor hours” and travel.Think this way: “If I did not do this (Insert Task) would be STR be negatively affected”?

@Pretty Khare As Ruben and John mentioned above, you can utilize a cost segregation study on your STR property to reduce taxable income (or create a taxable loss) to offset against your W2 income, but you need to ensure you are following the IRS guidelines very carefully.

You should have the contract modified laying out all that you want the seller to take care of due to the inspection. 

Buy your properties and care for them!

@David NingBe careful asking for investor-friendly agents!

If you're interested in digging deeper into some of these options, especially in the real estate sphere around Austin or Phoenix, I'd love to share more over a coffe chat.Take care,PatTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

So, if they don't care if you back out of the deal, why would the seller give you anything.

As it was my first opportunity to get some skin in the game, I jumped on the deal and we agreed on a 5 year ballon (4% rate, amortized at 15 yrs).

You want to make sure that your properties are taken care of at all times.

I don’t care what people think, maybe you do that’s why you calling my post a FB post.