Again, that is total speculation from me....just following the possibility to its logical conclusion - but tax law isn't always logical.And, if I wasn't clear enough about this earlier - I am NOT a tax professional.

The mid-term rental market (insurance relocations, travel nurses, and other professionals) is oversaturated.

As a fellow professional looking to get into real estate investing, I can definitely relate to the challenges of balancing your practice with exploring investment opportunities.

I have a property manager that is professional that runs everything and takes a 20% profit.totally worth itWhat made you interested in investing in this type of deal?

Location, Cleanliness, Management, Furnishings/Decor, Professional Photos

It's always enriching to exchange knowledge and insights with fellow professionals in the field.Best,Jim Vani

I'd like to share some of my thoughts and hopefully I can get useful insights and connection with more people in the forum.Just to disclose - I am not a professional in solar industry and I might be wrong.

What is the short answer for someone that is not a real state professional and who is not married to one?

Depends how professional the current PMC will be about the transistion.First, have client get all leases.Then rent ledgers.Make sure you get a copy of their current management contract, so you understand the Termination requirements - you don't want to break any state agency laws and have the curent PMC file anything against you.Make sure the client follows the Termination requirements BEFORE you take over.Suggest the owner emails their Termination notice to current PMC and copies you on the email.

Do you send application to traveling nurses or only working professionals?