Zach Rumfield  Hi Zach, I see you are based in Houston, TX and assume that is where you are investing?

As an agent who works with a lot of investors, I have recently started to notice more and more that people will evaluate a property based on its current metrics, and write it off.

After a thorough market analysis, I reached out to the seller directly and negotiated a fair price based on comparable sales and the property's current condition, emphasizing my ability to close quickly.

Owner-occupied transactions are mostly emotional decision based.Investors should check emotions at the door and only make business based decisions.What does that mean in practice?

After a thorough market analysis, I reached out to the seller directly and negotiated a fair price based on comparable sales and the property's current condition, emphasizing my ability to close quickly.

My team hasn't set up any STRs in the Dominican Republic but we had acquired some STRs in Costa Rica which we had thought we're going to turn out well but we had a few issues to note:- Cashflow issues: Since we are basing our reservations on another currency we couldn't charge as much as we were hoping for. - Finding a Good Team: Since there is a language barrier in place it was much harder to communicate with any cleaning companies/property managers we found. 

Based on my experience with engineered hardwood, I doubt that you need to remove baseboards.

Interest adds to your tax base not deduct from it

So, this tenant's budget may well be based off of $850/month rent meaning they may have other obligations such as a larger car payment that they took on because they felt they could afford it.

I'm based in California, whether you are a foreign entity operating in California, or incorporated in California you'll need to file a return in CA.