Second, I agree on networking in the Charlotte area as you can lean on other's experience and skip the learning curve and hassles trying to find the right contractors / handyman.In terms of where to start for renovations, I agree with others - first tackling the functionality (i.e.

I see the issue one of functionality of how is this really going to work.

Hi Justin, you may want to explore its features, functionality, and user experience to determine if it aligns with your investment goals and preferences.

I had to take my first tenants to court for being four months late on rent, but since having a property manager, we've been able to find new tenants, that have been there for 4.5 years.

This includes the people on this board.Cash flow is merely a function of your downpayment, so to say it's not attainable is wrong.

It has a lot of useful, time saving functions. 

- upping your max # of guests somehow- "no cleaning fee" & upping the nightly rate accordingly CAN be a big driver of bookings in some markets- having your listing/pics done professionally (by someone who specializes in STRs)- a great outdoor area- if you wanna spend $, i'm seeing lots of people adding pickle ball courts & more stuff to do outside like that - having a car there that they can rent on turo for cheaper than the rental cars from the airport

If it goes beyond that, you could take them to court and file a judgement, but most times, you'll never see that money.

+1 to their recommendation above additionally, Before committing to any service, take advantage of free trials or demos to test out the features and functionality.

Hi @Tien Ly, It is just a relatively new tax-deferral strategy and there is only one tax court case and one IRS Advisory ruling on the strategy, so most advisors are still concerned about what the IRS's position and approach will be.