What are some tips on what type of property to acquire and renovate that is likely to sell faster?

JP Morgan once said MArkets exist to transfer wealth from the impatient to the patient those articles are just the tip of the iceberg with Mr.

Any guidance or tips with growing through this would be much appreciated. current structure is roughly 300sq ft.

@Paul Sandhu - impressive@Lucas Carl - TMI@Ethan Cooke - great tip@Sid Payne - You're not the first to state the same, really like it with some learning curve

Thanks for the tip!

@Tiffany Liuhttps://andersonadvisors.com/121-exclusion-depreciation-tips/Some good primer here.Regarding short term rental, while it is not passive income, you can do a master lease from an LLC to a Corp to regain some of the passive income in the LLC while operating the STR under the Corp.

Thanks for the tips on practical things renters love.  

What are some things i should put on the Rental Agreement to protect myself form rentals not paying or etc...And what are some tips to create a successful rental income.

Even if you purchased your home at the very tip-top of the market before they dropped by 19%, if you would have simply paid your mortgage payments, mowed your yard, and stayed in the house for 6 years (you had to live somewhere during that time), you would have made money on your home...and that was the worst drop recorded.

Thank you everyone for all the tips!