Block out the dates of future bookings. 

You can claim to be the best guy in the world at finding and analyzing deals, but when the market turns against you, and you just went all-in, even on the best relative opportunities that market had available at the time, there is nothing you can do to prevent losses, especially if your debt has a maturity date that will force your hand.Timing the market is an interesting concept. 

Quote from @Blake Dailey: So excited to announce to the community that as of last month, I acquired my largest deal to date which is a 130-Unit Hotel and Resort in the Smoky Mountains of Tennessee!

Here is some info: SF STR FAQAssuming the info is up-to-date, it must be your permanent residence (you must live at the property for a minimum 275 days a year), you can rent unhosted a max of 90 nights a year, you need a business license, and you need to pay the city $925 for a STR certificate.

Each time the response was “Unfortunately I cannot provide an exact estimate at this time for the date of completion”.

I would try to buy properties starting at a specific date so not large ticket items come up.

The date you are able to take depreciation is when the property is ready for renting (i.e. advertising for rent or obtaining a certificate of occupancy).

See Jason Alexander's character on "Shallow Hal" for a perfect example.He criticizes his friends who date attractive partners, accusing them of being shallow or warning them that "it won’t last."

This STR would also be a place for us to block dates off for ourselves between work contracts (if we want to), which adds a slightly more personal investment in this one. 

Sincerely, Mark Updegraff Hi @Mark Updegraff- I'd love to learn more about your experience in Raisemasters to date and some challenges you've faced.