Find a STR that cash flows (yes there are plenty as long as you are not looking in Orlando), purchase and self manage for the first year, find a CPA that specializes in the cost seg, and then you can find a PM or continue self managing.  

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

You/Me need to become the absolute experts on this--its your blood sweat & tears. 

@Zach PendrySo they are saying past twelve months no tenant has missed a payment and they have had continuous 100% occupancy.

However, structuring this in a way that complies with tax law would likely require expert legal and tax guidance, as it involves partnership agreements and IRS regulations.

And Sellers will continue to do these deals without advice of council.

@Cory Iannacone 2% rules disappeared in my market around 2019/2020 as rates went down and prices continually went up.

So the "Act of God" will continue to happen.

👏 👏 👏Here’s to more milestones and continued success!

The long-term impact won't be known for a while as investors, homeowners, insurance companies, and the like make changes in the coming months and years.I believe that the Tampa Bay Area will continue to be a good market overall as the foundations are solid.