I won’t abandon the strategy yet, but I’m not convinced the coaching will provide value as Tardus is not selecting the investments for me and I’m still spending all my time with due diligence. 

Same as you'd screen anyone else with very close attention paid to which parents you select to guarantee the lease.Are there any specific clauses I should include in a room-by-room lease for a shared living space?

Dave NA ,Non LLC and non corporation husband-wife holders of rental properties do not have to file a partnership return; They can file Schedule E.The problems comes if it is held by an LLC(Two-member) in a non-community property state.For the management activities I would still recommend using an S-election or C-corp if applicable.

The good news is that there are plenty of great CPAs out there including on these forums.We did have a conversation with him, which is why we selected him in the first place.

BIG bonus is you snag something with Timber that will grow and you can do a selective harvest 20 years from now the Timber could end up paying for the building of the home.

It is crucial that you select a company that provides a “quality” cost segregation study as determined by the IRS.

I would say that a good strategy would be to first select an area that you actually want to invest in.

Went down to check on trees, select doors, handrails and check out roof.About 3 miles down the road is a premier welding shop. 

Once you have selected this market, begin doing researching on the current regulations as well as the political climate regarding STRs in that market and whether or not there are any upcoming proposals on the market docket that may shift or change the current regulations.

Pretty much the core of the STR business.Higher your rank gets, you can increase your price and be more picky in selecting customers which usually lead to a better review / less party or complaints / less expense and higher profit with a happy life.I know some people will argue, but the ranking system is the truth and should be the only guide to your STR journey.