For example, with property taxes being some of the lowest in the country, owning a high-value property, like one valued at $650,000, might only run around $2,000 in annual property taxes—much lower than in many other states.The region’s climate and building standards also make maintenance efficient and cost-effective.

I recommend connecting and consulting with an account representative at PadSplit to get their intake and see if they can provide any data on room rental rates/demand.

REITs are easy to get into and highly liquid - log in to your brokerage account and buy a share - but you have zero control whatsoever.so...  

Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."

There's more value and price/annual gross rents ratio in the middle and right part of the map.

Columbus can be popular with events like OSU football games, Crew games, BlueJacket games, and other conventions when they come to Columbus annually. 

@Kevin S.I recommend putting all properties/accounts into a revocable living trust for estate planning. 

Account Closed that’s sounds awesome.

Other things to consider include software and accounting costs. 

We also started repeat visiting Chincoteague, VA annually, and so decided to give another STR run here.