TD and Congress needs to come up with more relaxed tax regulations to make investing in real estate lucrative again.

My cleaners take a video after every turn, my team goes in to check everything is good after cleaning and record salt and PH level logs and I have a licensed plumber who is in charge of maintaining plumbing, water heater, and boiler system with logs.

It is important to find something that was properly maintained, with modern plumbing, electrical and roofing. 

Good points.I'd add square, level, plumb - license, insurance, bond - using permits to follow codepointing out problems the owner doesn't realize they have that are serious. 

Once you hit a certain number of loans (check with your state dept of banking and finance or dept of business regulation), they might require you to have a license.

Now, you can get some wholesalers but they usually don't know if the property will fit the requirements and regulations but you can learn that from the Realtor. 

@Sophanara Khoeun For significant repairs like foundational issues, plumbing, and electrical updates, hire specialists (e.g., structural engineers, plumbers) for precision, or a general contractor for coordination if the scope is broad.

A Property Manager can also assist with understanding local regulations and the practical aspects of property management, ensuring you make a well-informed decision.Feel free to share more about your specific needs.

One of the other factors that kept me from pulling the trigger is that the city has never passed any real STR regulation.

Consult a CPA to ensure compliance with tax regulations and explore strategies that align with your goals, such as providing for your mom while managing tax implications effectively.This post does not create a CPA-Client relationship.