Hey @Brandon Wallace so first, you are managing a Short Term Rental, not an AirBNB.

As for holding periods, some lenders may require you to occupy the property for a short time before converting it to a rental (typically 6-12 months), so check the fine print on that.If you’re set on making it an investment property, you may need to work with a lender who specializes in investment properties, even if it means a slightly higher rate.

Need to buy all again.Had stocked packed linen closet but not anymore..need to stock again. 

@Matthew Becker doing short term rentals? 

I don't know enough about the start up costs associated with the ATM units but I am generally against businesses that have a short shelf life and here we have one we are fairly confident will be deemed obsolete. 

It’s a short dead end road so I have this notion to own the whole street and control the look and quality of the neighborhood . 

For example, before he switches a policy from short term rental to long term rental he wants pictures.Is it normal?

My short-term goal is to secure my first single-family and rental property, while my long-term vision is to build a thriving real estate portfolio that generates wealth and financial freedom.I’m currently learning the ins and outs of financing, deal analysis, and market selection.

We are looking at the compound asset acquisition and also using the short term rental loophole for our future properties and likely moving my wife into the real estate professional position while I remain at my W2 position.To sum it up, I would like to know what higher income W2 earners are doing in order to help offset their W2 taxes or if there is a way? 

There success inspired me to look at RE as both a short term and long term investment.Turns out there are many successful investors in this area.