this is my first ever mortgage and I've never had to pay rent so this is definitely going to be an adjustment for me, but I've been wanting to do this for the last 4-5 years now and i figured the best way to get into it is to jump right in!

Keep in mind after 5 years rate gets adjusted to market rate at that time.

Adjusting the purchase price, budget, and offers can help you reach the break-even point.Many calculators overestimate cost assumptions or rental comps, which can be both beneficial and a hindrance.

@Logan Allec, my accountant adjusted the taxes but I still see the same NJ carryover loss to 2018.

This adjustment stabilizes income for many, and a healthier vacation rental market is anticipated by next year.

I’m also considering advising my tenant to look into Section 8 assistance, as it could help support their financial situation while allowing me to adjust the rent closer to market levels.

Even in the off-season - you can optimize visibility by setting competitive pricing, using high-quality photos, and enabling Instant Book with flexible policies.For older listings, try adjusting prices with dynamic tools, highlighting upgrades, and regularly updating your title, photos, or descriptions to stay fresh in search results.These tweaks can make a big difference!

If you don't have experience, hire a public adjuster. 

Many listings are adjusting their asking price at least once while on the market.

Which insurance providers or claims adjusters typically handle displacement housing arrangements?