Secondly, short-term rentals provide flexibility for owners, allowing them to potentially use the property themselves when not rented out.

It is something I am interested in doing in the future, potentially even this year, but I am curious how to put concrete numbers to this decision.  

This just seems like it puts me in a potential bad situation if something goes wrong during the process.  

Super helpful in finding potentially motivated sellers and calculating ARV quickly.

It seems every market goes through a cycle -- unnoticed potential; early titillation as the potential becomes known; flood gates open and gold rush is on; property prices rise, revenues drop, regulations come in; and finally balance is found.

Go places where you can connect with potential buyers and sellers. 

If you ever want to get into a tenant nightmare of costly potential litigation become a landlord, have the ac go out in Phoenix in July, and inform the tenant that you just don’t have the funds to replace it!.    

Keep track of 3 buckets.1) Owner occupied portion - potential deductions for schedule A2) Tenant occupied portion - potential deductions for schedule E3) Jointly occupied portion - likely prorated for both schedules.There are nuances to this, so I recommend looking for a tax pro who can coach you on this. 

Airbnb operates as an interest-based algorithm, rewarding listings that grab attention and keep potential guests clicking.

The city offers a mix of high appreciation potential in certain areas and solid cash flow in others.