Hello, my situation is simple but the agent made complex.

I would suggest that 6% is too low which will likely make you lean further away from SFRs.

How to set keyword alerts on BiggerPockets here: https://app.tango.us/app/workflow/Setting-Up-Keyword-Alerts-on-BiggerPockets-bf910b235a4a4d2fbcbffafaa0fe3cf7If you set keyword alerts you're more likely to find others talking about your area and I suggest reaching out to them individually if they seem knowledgable 2.

Spell out the complete agreement of how expenses, profits (or losses), and other responsibilities are to be split—put everything in writing.Do a background check on the partner to confirm there are no outstanding liens, judgments, or active lawsuits against them.Hope these suggestions help.

That could be something simple such as adjusting the amount of late fees or something more involved.

Quote from @Blaise Peterson: @Theresa Harris @Jonathan Greene @Tim Delaney @Corby Goade @Adam Bartomeo I want to thank you all of your great suggestions!

Simple rule of thumb is demo, then most inner to most outer, meaning: studs, plumbing/electrical, drywall, etc going to outside, then/together with top to bottom.

To be honest as a broker I'm not sure we can really suggest accepting these types of offers given the high risk potential.

If you didn't, seems like a bad / inexperienced accountant to suggest such a thing.In my opinion, its the same as telling someone to go to a trade school and get a new career.A STR can help you lower your taxes but I would only do it if you were planning to purchase a STR.A STR is a business, you are responsible for furnishing the house, responding to guests, providing a great stay and experience, etc

Hi House-hackers,I've seen different advice about software that MTR folks should be using but it seems like the suggestions are based on people having multiple properties they're managing, both as STR and/or MTR.I'm starting out and am hoping to get a tenant via Furnished Finder.