After talking to two realtors with intimate knowledge of the area, we learned that STR rents and annual occupancy are just too low to even cover the PITI of properties in the area, let alone maintenance, supplies, lawn care, snow removal, etc.

If you’d like help exploring real estate investments or structuring financing, I’m here to assist!

@Tyler KeslingContract services and supplies are specific to the market, as maintenance, with labor.

Let me know if you need assistance with the numbers or structuring the best deal!

However, with nearly 1 million units under construction nationwide, supply pressures persist, especially outside the Sun Belt.

Lots of structural damage, and the entire area is still without water and power for the most part.  

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

You may also want to have a discussion with your attorney about how to structure the lease to protect yourself.

I responded with a legal notice saying that I cannot be left vulnerable for legal reasons to someone doing structural repairs on my home, because in the event they are hurt, I can be sued.

There has been some changes to the lender/realtor fee structure and realtors can now earn income from the mortgage side of the transaction.