Hi all:I’m considering buying an STR in midland and/or Odessa and wondering, for those familiar with the market, how is it performing?

When building a team, I would always start with a great agent first so they can connect you with other top performing service providers. 

Bitter cold temps can affect the performance of "electrical" based locks. 

You will receive most if not all your benefit in year 1.Year 1 is where you will spend money furnishing the house and potentially taking bonus depreciation via cost segregation study.Year 2 and onwards, assuming you got a performing asset is where things will reverse tax wise and you will likely be reporting positive taxable income.

We have invested OOS and our San Diego investments performed much better.  

But you wouldnt want the "extremely gifted" medical student to perform brain surgery on you if they have never done an operation before in their life right?

We have discussed selling the property and rolling it into a multi-family but again feel like we may be trading a fairly hands off property with good cash flow for one that may be a bit more labor intensive and only yield marginally better performance.Any advice on how to expand our rental portfolio/maximize its performance is greatly appreciated!   

But you can also loose some or all of your money if you do not perform your due diligence and watch your investment closely.Happy investing.

., to perform the activities for which Value Property Investments was organized—he was not carrying on a trade or business as contemplated by section 162(Business deduction).Nonetheless, in order to resolve the matter before us, we do not need to decide whether Mr.

Is it possible to perform the whole process of wholesaling remotely?