Rents are sky high in certain neighborhoods of Jersey City (we are second to NYC) as such many of the tenants are professionals with high income commuting to their jobs in NYC by ferry, 24 hour path train and bus. I

I'd prefer a small business.

Especially in the real estate rental sector, I like to say "Be polite through hospitality, but be harsh on Business"

Real estate is a learn as you go business.

In 2015, my sister had a business which was essentially her livelihood.

For example, for a business owner; they have no practical way to 1031 exchange.

No business succeeded by drilling many holes.

@John Davey Interest on a home equity loan used to purchase or improve rental properties is deductible on Schedule E as a business expense, but not on Schedule A for your primary residence.

Has anyone in the Philadelphia area rented to accessible CLG? Can you tell me your experience with them. There interested in some of my units. Thanks in advance.

I went through it anyway bc she had a good footprint online, I liked the designs, and a couple of ppl at another STR group recommended her (not an excuse, I was super busy and thought I was dealing with a professional).