@Treza Edwards sounds like the terms from a community bank in your area, is that right?

Starting sooner rather than later allows you to benefit from long-term appreciation, build equity, and gain hands-on experience, even with a smaller property.

I did not attend the 3 day class, but purchased the self paced virtual version with the mind set that even if I only learned the how, it would be worth the spend long term.

Lots of people do short term rentals with pools, this is not very uncommon.

I have a couple of investments and am about to jump into a Short term rental while still being a w-2 employee.

Quote from @Jake Bute: Good Afternoon,I listened to Wheelwright's podcast the other day discussing how short term rentals do not have the same rules as long-term rentals when it comes to some of the tax laws around active/passive investing.

Understand your short term and long term goals.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

REIA is a generic term.

Two tenants leased the 2BD/1BA, and the studio ran on short-term rentals.