They fail over time.Your lease will say what your tenants are responsible for ordinary use plumbing issues.

Quote from @Alex D rayford: Is it possible to wholesale a seller's property to the same seller's LLC? 

Explain to me, so I understand.

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or to refund to the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account that is specifically designated for future investments.

I think tax benefits should be secondary to buying something that would work well as a STR.I would recommend you consult a tax professional to see what possible tax benefits you could receive from buying this STR.

@Kyle LipkoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Most of the calls we property owners telling me my check amount was well below what they would sell their property if they were interested in selling which they weren't.We are disappointed and don't know which way to go with our Direct Mail marketing!

With more than $2 billion in transaction experience, my passion lies in partnering with investors to discover and maximize value in high-quality real estate assets.I'm eager to exchange ideas, discuss market trends, and explore collaboration opportunities.

I suspect they would not have to..

I supposed I'd just need to learn how to make the financing work and all.