This is a community built for learning and growing in real estate, regardless of experience level.

Even if your town or jurisdiction has regulations, the HOA can choose to pass rules that are more restrictive.

Being so close to the bases, you could make change it at some point from a long-term rental to short-term (for families coming into town) or mid-term (for military contract workers) and that would earn you more.For now, I would keep saving and invest in something else and leave this as it is.

I liked the smaller towns with nicer schools.

Hi investors,Would greatly appreciate your advice on how to measure if there's enough rental demand in a town. 

As an investor and a Realtor here in town - I would love to be a resource for you.

To solve this, I built a custom mobile app to handle rent payments and due dates because no other management software can handle the payment schedules or turnover.

I know Property Meld has something built into their Maintenance dashboard where it asks for reviews after maintenance issues are handled and I think if they rate 4 or 5 starts they then ask for a google review and if it's 3 or below it stays internal and gets circulated around so the team can figure out what went wrong and improve on it.

I have many thousands of retail owners in my year database built up over a decade of time.

Being able to use the depreciation or accelerating the depreciation as much as possible also helps especially before the end of this tax year.Thank you for this detailed description of how to qualify and I have helped investors use this strategy in Michigan in college towns and along the coasts so I know there is interest.To your success!