Additional DetailsI’m willing to invest in out-of-state properties, though I prefer areas with good property management options.My primary focus is passive income, but I’m also interested in value-add opportunities.I want to ensure these investments provide strong tax benefits and diversify my portfolio.I’d love to hear from experienced investors:What would you do in my position?

Tom, Based on what you've provided, if the property was held over one year, you'd be subject to the long term capital gains rates and any depreciation that you took on the property in the past would have to be "recaptured" (Added to your income) at the short term tax rates (but it will not exceed 25%). 

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Many times, hosts think the company or broker provided a STR policy just to find out when a claim is made there was a little sentence in the fine print that stated any STR activities canceled the policy out.

There are also several funds out there that provide high single digit yields that are low risk. 

This type of short-term loan can provide the funds needed to renovate the property.

I realize that direct bookings don’t have the protection or support (should something come up) that these platforms provide. 

The platform aims to provide investors with everything they need to run and scale a successful real estate investment business in one place.

I charge a completive market rate while providing a really good service. 

You can easily look them up on the NMLS site  https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPAN...