Plus, we like to make it fun so there will be 2 evening events, in addition to all the daytime sessions.

The guest had brought additional guests than they listed on the reservation, doesn't respond to my messages/concerns, left my front door wide open when they left. 

It is much better to have a reserve fund and add it monthly.

Give them a 60-day notice, then charge them a prorated rent for the additional 20-day extension.

If you’re comfortable with a bigger investment, a duplex is good for the benefit of additional cash flow and you could house-hack.

Of course, I had to make additional assumptions about the cost of property taxes, insurance etc. 

My best advice is find a place that has a few rooms with square footage to add additional rooms and an ADU.

Generally, a loss can only be claimed in the tax year when the investment becomes completely worthless or when there is a final determination that no further value will be recovered.If the REIT has officially liquidated, been declared insolvent, or issued a final report confirming that no additional distributions will be made, you may be able to claim the loss on your 2024 tax return.

This can provide additional capital for future investments and get the next one.Or evaluating other loan options:Depending on your long-term plans, you could explore conventional loans or portfolio loans that might offer more favorable rates or terms with the new appraisal value factored in.Your decision depends on your broader strategy.

Why ask: Get clarity on the full cost of the program, any additional fees, and what’s included.