Crime and drugs still an issue, but getting quality tenants has not been a challenge... so far so good.

Hello Jon, Renting a 3500sqft house comes with a few challenges.

In fact, some of the best opportunities in real estate come from properties that others overlook—distressed homes with potential that just need the right investor to bring them back to life.If you’ve been in the game long enough, you know that distressed properties can offer huge upside, but they also come with their own set of challenges.

Are there any challenges I might face, especially if my long-term tenants aren’t comfortable with the short-term rental activity in the same building?

Challenges?

Challenges?

Embrace the challenges, celebrate the successes, and watch your investments transform into valuable assets that stand the test of time.

Look for CPAs who stay abreast of evolving tax codes related to real estate and possess a comprehensive understanding of deductions, credits, and depreciation strategies unique to the industry. 

Challenges?

Hey @Delroy Watson - We've done similar projects, and they are exciting and challenging.