This is a great first step into your financial future.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Working with AvantStay caused me large ongoing financial losses.I signed on with them to manage two of my properties in vacation markets.

Prices a few years ago were based on expectations of (in addition to interest rates staying low): - Then current operating cost assumptions (like insurance cost expectations being flat)- A seeming disregard for record levels of new inventory / supply hitting the market- Extremely high inbound migration expectations which are likely to not be met, due to both natural disasters and the boomerang effect when people from California or the Northeast move to the American South and hate every minute of the humidity, the large and relentless swarm of insects, and the occasional hurricane. 

I’ve put together 7 steps to help you decide, stay focused, and get that much closer to achieving your financial goals.

@Caryn FischerI agree with Jaron, you should definitely have a consultation with your tax accountant and/or financial planner before you do anything. 

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

Dict from short-term rentals, co-living emphasizes longer-term residency and communal engagement.Met Growth and Financial MetricsMarket Expansion: In 2024the global co-living market was valued at approximately $7.82 billion, with projections indicating a compound annual growth rate (CAGR) of 13.5% from 2025 to 2030.

A lot of agents don't want to have to educate someone who is broke and has dreams of financial freedom through real estate just to find out you can't buy.

Sellers who are in financial distress or dealing with a property in poor condition might be more open to this type of arrangement if it helps them get back on their feet.The key to making this work is transparency and clear communication.