Anyway, I was in my very early 20's and i was in a position to rent out a couple of the rooms in my house to some friends.

The challenge for present day investors is with elevated mortgage rates and record high housing prices, the carrying costs and incentive to invest now can be restrictive. 

Originally posted by @MJ S.

Playing devils advocate hereThis is also the time the government printed $5T and even NFT’s were of value.Take out the land and manufacturers homes and look at value2007 new sales price was around $65kThat dropped for 10+ years into the 50’s and 50’s and is now $82,300 which is covid related.https://fred.stlouisfed.org/series/SPSNSAUS

@Tommy Rollow lodgify ‘s customer service was not great.

It will be done correctly every month and during tax time, you and your partners can easily have to CPA/book keeper issue 1099's and get your taxes filed on time with all the right deductions.

Hi @Bruce S.

Often tough to do 1031's within syndications.

LLC, S-Corp, etc) that files a tax return or do you own it in your personal name and report rental income on IRS Schedule E? 

COVID-19's effects are still being felt, with massive migration to Florida making it a prime market.