@James KieferThere are many REI opportunities in different markets - markets in the Midwest and Southeast of the country are great - where not only are the purchase prices reasonable for most RE investors, but the homes are turnkey (new builds or completely rehabbed homes, tenant ready, systems 10 years of life remaining on them, property management teams in place) with appreciating home value AND appreciating rent.

I’ve been in the real estate business for almost three years now and have completed five deals: one buy-and-hold long-term rental, one short-term rental, and three fix-and-flip projects, for which I helped raise capital.

That’s a blessing and completely understandable.

As a Stessa Pro member, I rely heavily on its features to manage my properties, and while sending over the tax package reports works well (since the Income Statement and Balance Sheet are standard for most accountants), my bigger challenge has been finding a real estate-savvy CPA who doesn’t charge more than my annual cash flow for their services!

I'll tell you this coastal Texas is going to see a completely different flood zone, as are parts of NC, GA, etc..

Appraised value is a completely different metric than market value.

People seriously please stop spreading complete non-sense around, because the people new to this WILL believe your crap and you are ruining their lives!

Clearly, he’s not just playing in the STR game; he’s changing the rules.This was a recent feature from our weekly STR newsletter here at BiggerPockets is called BiggerStays.

Tom,I completely understand the strategy you are looking to execute and accomplish when it comes to offsetting your W2 income with STR paper losses via cost segs and bonus depreciation.

They are very good at follow up and request that vendors take before and after pictures that get uploaded to Latchel to show the work has been completed.