So... before you spend a penny, investigate the local laws.

That's why I'm thinking I would have to spend a good amount of money on lead gen.

There doesn't seem to be enough information to support that.If you purchase a property but then spend 4 months rehabbing it before its first occupancy, your depreciation starts from the date it's placed in service (first occupied) not the purchase date.

I also just recently acquired my real estate license.Now, I spend most of my time with my wife and 4 boys.

After spending a lot of money for real estate classes and mentoring with Elite Legacy, we were turned on to REIBlackbook.

HomeGuard is not cheap so I want to make sure this is worth spending money on.

It costs less than $5,000 a year and I spend more than a couple hours with them.

To me, this would signify a larger rate cut to encourage more spending and economic growth.

Anyway, I spend a lot of time in the STR forum and I didn't take either of you to be pissing on the post, especially since Jay, John and Michael are all major contributors to this forum and are pretty level headed overall.  

I would say 30k would be a good amount.You could spend alot more or substantial less.You can save some money by buying quality used furniture off Craigslist or FB marketplace.