I purchased it in NOV 2017 at 125k and some of the rehabs are selling for 140-145k currently.

We are living much longer and that will only increase due to all the new medical innovations that are out now and TONS more coming.

It appraised for $212000 in Nov/2015.

In Nov, Dec, Jan they averaged $175/night at about 36% occupancy.

I believe that it is in Nov. 2019 but I can not find the details online ??

I have 9 other rental units that cash flow or breakeven and also could easily service the rental debt from my day job salary if I had to.Here are the details though:Rent - $1400 (probably can increase to $1450 when the lease matures in Nov)HOA - $339/mo (don't expect this to go up anytime soon)Property taxes - $3800 a year (might tick up next year with values but only slightly)Insurance (walls in and liability) - $550 a yearMortgage - $808 a month (nearly $600 of which goes to principal)@Linda Weygant Yes we make too much to deduct any passive losses currently. 

I closed on this property in Nov of 2003 so it grew 16' in 10 years (it was about 12" when I bought it).

The program i ended up choosing is the most innovative of the bunch in many ways.

What are innovative strategies?

Started LLC in Nov 222 member unrelated LLC deposited 24k into business bank account and 12/1/22 bought first property and year end balance is $2402  ( all expense were downpayment which included closing costs and bank monthly fees and insurance)Mortgage is 60k Downpayment 21,398Bank fees 10Insurance 190Trying to see what goes where in Schedule L cause I am getting error it isn't balancedMy assets would be $2402 cash;  $81682 building cost; - $124 depreciationLiability. is $60,000 mortgage?