3️⃣ Local Regulations: Before you invest in a short-term rental, it's essential to understand the local rules and licensing requirements.

By the time I launched, I had already established a solid reputation in the Cincinnati market.

@Jon Ankenbauer Transferring the land via a traditional sale registered with the county is a straightforward option to establish clear ownership and equity, which is essential for future financing.

Then there’s city regulations—some places heavily restrict short-term rentals, so you’ve got to check the rules.If you find the right spot and automate stuff (guest communication, cleaning, etc.), it can be profitable.

Neither do the Regulations 1.761, from what I can tell.Further, in the 2018 Argosy case where the taxpayer was a H/W LLC, the Tax Court said: "...Petitioner contends that a Mr. and Mrs.

Eliminate debt, establish a budget, and save.

Unless it can be established that they are scamming enormous sums, the police, FBI, attorney’s general, and the like, have bigger fish to fry and won’t lift a finger.

For all methods you would want to find a market that has strong employment rates, strong income rates for the market, and is a growing or an established market. 

A break even into a profit, and a profit into a windfall. 3- Capital - I used to state this as access to capital, back when the rules were loser, the regulations less onerous, and information less readily available.

It seems last few years all the established norms went right out the window.