Chapter 11, "Hone Your Skills" section has this practice question: "What is the IRR of an investment that costs $75,000 up front, earns you $22,000 per year for four years, and then generates $115,000 at sale?"

A great property manager ensures compliance with all relevant regulations, which helps to mitigate risk for the property owner.5.

The suggestion to "expense everything below $20,000" flies in the face of the regulations.

I'm not a lawyer or attorney, but seeing as how so many have been affected by this, and the amount of bad practices that they're performing, i suggest some of you get together with an attorney, and see if you can go after this company with a class action lawsuit, and see if you can not only drop your remaining charges, but get back at least some of the money you put into it.

Properties in areas undergoing revitalization are especially attractive for investors looking to buy low and achieve high nightly rates.Regulation-Friendly Market: Compared to many other large metros, Indianapolis has relatively relaxed short-term rental regulations, making it easier for property owners to get into the market without facing excessive restrictions or permitting hurdles.

Mitigation Strategy: Implement value-add strategies like property upgrades, which can allow for certain rent increases within rent control regulations.

Consider zoning regulations, nearby development projects, and market trends to gauge its potential for value appreciation or rental income.

Each of these markets has its pros and cons, from rising property values to varying regulations on short-term rentals.As for financing, beyond traditional mortgages, you could explore DSCR loans (especially useful for rental properties), private lending, and even seller financing.

However, they told me that I have to rezone my property as commercial and that I have to comply with a bunch of different regulations like updated landscaping, parking, etc.

Easy to install and the options are practically unlimited.