Although my cost of capital was cheap (2.5% 30yr fixed), the increased STR supply resulted in a more hands-on approach by me (better marketing, improving the quality of my check-in hose, services, etc) and this wasn't turning out to be as 'passive' as I would have liked (I've been managing my own LTRs for close to a decade, so perhaps I'm spoiled).

However, failing to pay the tax could result in a lien against my company, complicating the approval process for a mortgage and incurring an estimated $10K in penalties.

Give them proper notice, keep it friendly, and explain it’s all about fairness to match market rates.A little empathy goes a long way—help them understand the rising costs, and they might just thank you for it (okay, maybe not thank you, but they’ll get it!).

It’s tempting, but not always profitable.Tip: Stick to improvements that will boost value based on the neighborhood, and avoid unnecessary upgrades.Buyer Preferences: Sometimes, the design or finishes you chose don't match what buyers in that market are looking for.

As a result, my profit decreased as buyers began negotiating for lower assignment fees, using the leverage they had developed.

This article from Realtor.com in 2016 points out eight of the largest differences: https://www.realtor.com/news/trends/red-vs-blue-states-polit...Regardless of political affiliation, the simple truth is that more government involvement almost always results in more problems for ordinary people.

Think wealth building, not cash flow in this instance will result in a good opportunity.  

Also, now that garnishments are being filed, any money Blacktip receives could end up going to somebody unrelated to your project, resulting in more liens for you.Protect yourself.

The exact amount of capital gains you can offset will depend on the cost segregation study results, so it’s crucial to discuss this with your tax advisor to ensure you’re maximizing your benefits while staying compliant.

While it’s not required to hold your rental in an LLC, doing so offers liability protection but may result in higher interest rates.