The next option is to get the device (you can get on Amazon) that shows the meter for what one unit is pulling versus the other.

There are many STRs that do quite well in the suburbs of major cityies Off the top of my head, I can think of one of the STRs we manage that is 40 mins outside of Dallas and it has a great occupancy rate.

This retirement plan have several advantages of SD IRA and one of them is being exempt from UBIT tax on leveraged real estate.

I've never done any Sacramento STR loans and only been hit up for one potential financing opportunity there.

One of the major deficiencies of this property is it has no garage.

If you're doing STR the first thing you'll need is the VLS license from the state, and that comes with the requirement of taking an 8 hour class.There weren't any of those on the schedule, but I need mine so I talked them into doing one in early February if you want to hop on that one. 

If you plan to scale, I would get one right away on your first property.

One other question is the financing part, have you talked to lenders on lending on this?

One tenant is behind on rent and has still not paid December rent.I’m seeing mixed things online but looks like I have to file something by the 31st?

FHA loans typically require the property to be a primary residence for at least one year, so he should confirm compliance with his lender.Once rented, he can deduct expenses like mortgage interest, property taxes, maintenance, and depreciation starting from the date it's available for rent.