Is spending thousands on a sprinkler system worth it or do I have other options? 

However, the fact that your tenant intends to pay $800 through the app while their rent is $1,200 raises questions, it’s worth clarifying whether they plan to pay the remaining $400 separately and how that affects both of you.Before signing up, consider reviewing the app’s terms, checking online reviews, and confirming how quickly payments are processed to your account.

They may look at 10-15 rentals and if applying ahead is required they might be spending a full months rent on applications and not like any of the places. 4.

The only other question I would suggest is that you do engage a property management company to review your quad and review your monthly financials.

In both cases after they moved out I had to spend a lot to bring the property back to its previous condition. 

I've got perfect feedback and great guest reviews on my STR but I'm better at running LTR.

AND prices have come down a bit in the last few years.Get a good grip on your personal spending and CUT BACK on everything for a couple of years.

While gifts exceeding $18K per year (2024) require filing Form 709, they don't create an immediate tax, but the IRS may scrutinize this as tax avoidance.Tax-Saving Alternatives:Prorated Section 121 Exclusion – If you lived in the home part-time, you may qualify for partial tax exemption.1031 Exchange – If your share was an investment property, reinvesting the proceeds defers capital gains.Installment Sale – Spreading payments over time may reduce your tax bracket.Adjusted Basis Review – Factor in capital improvements and selling costs to lower taxable gains.This post does not create a CPA-Client relationship.

Many think they can hide but the moment they finance a property all of that goes away, so most spend thousands to setup some tricky system to try and hide there name that can be found online for free.

One of the biggest mistakes newer investors make is over-rehabbing houses and spending too much money on these low ARV homes.