We are open to STR and just applied for a license on our current place.Looking off-market now because on-market is so slim. 

About a dozen agents in my office have it, I do not though.I have heard that while reading in another forum about handgun permits in Maryland , they recommended to get your Real Estate license prior to applying for a CCP . 

Appreciation is not evenly applied in a market.

Zoning are the rules for what can go on a piece of property and how it must go on as well.

Nashville’s market is competitive, and not every deal will fit the 70% rule exactly.

I stand corrected:)They do have an office in Metro Detroit and while we're far from perfect, we seem to get a lot of their unhappy previous clients.In our opinion, they built a system for Class A rentals - where tenants have 680+ credit scores and rarely have to be evicted or trash properties.They then tried to apply their processes to Class B & C rentals and that's when their service issues increased.All this caused them to recently significantly increase their Flat Fee pricing and monthly minimum charges.

They'll also change they rules because they don't want to mess with, count, hold on to, $1,000,000 in cash, so they'll switch it to cashiers checks. 

It's important to understand the difference, and I'd recommend sticking with the REIT with depreciation advantages.The Tax Cut and Jobs Act (TCJA) includes a 199A deduction and applies to certain income from pass-through entities (including REIT dividends) and allows individuals to take the 20% deduction against REIT dividend distributions that yields an effective tax rate of 29.6% or 37% (80% for upper bracket filers).

I have a problem with financial advisors as a general rule, because most are sales people trying to earn a commission. 

I'm getting to the point where I have a good chunk saved and am wondering what guidelines people follow to know when they can start tapering off the contributions or stop them altogether.What rules of thumb are out there that people use?