If so, you can add package upsells automatically through your property management software (e.g.

The government is trying to protect people who managed to run their life well enough to buy multi-million dollar homes?

In DFW I think there is probably some demand for STR management. 

But the rental too does have to meet the "active conduct of a trade or business" threshold, which does mean you wouldn't qualify to use section 179 if you have a rental that is managed entirely by someone else and you aren't at least overseeing it and making decisions about the management of it.I mostly disagree with the reply suggesting that you need to have an LLC to take the section 179 deduction. 

Probably need a full time manager, but not really big enough to do that unless the rates are super luxury I would think. 

With a manageable purchase price and the opportunity for high-impact renovations, it fit perfectly within our investment strategy, promising a solid return.

I already pay a management fee, then they mark up work?

If your goal is passive income, it's not going to be in New Jersey when you factor in cost to purchase, management costs, and rent to price ratio, but what you can get is steady appreciation.

To structure a partnership, consider forming an LLC where you handle property management, renovations, and operations, while the investor provides the down payment.

HI Melissa-  I would recommend you contact a few property managers in Bluffton SC to get some recommendation.