Before listing it on an STR platform, I need to make some improvements to my current home.How can I maximize tax write-offs for these improvements?

Over time, you’ll also have the option to raise rent to further improve cash flow.House hacking is an incredible way to learn, build equity, and set yourself up for future opportunities, it's how I started as well and it was the best decision I've made! 

For investors, this translates into higher cash flow and improved ROI.2.

I've posted about Boutique hotels previously being the next high value investor asset class.. there are several examples of properties that have made 2024 improvements and nearly doubled the income and asset valuation.

I am not looking to make major improvements, but I am looking to enter and secure it.

This PM company is clearly out of their depth even though they told me last month that they had hired more staff and were making improvements to their processes.

For my short term rentals I am really going to focus on adding improvements that will increase my daily rate and guest experience.

The key is to pick a lane—focus on improving as an investor, finding great deals, and letting a solid property manager handle the operations.

It's all about the location, you might be able to buy a cheap house, but if it's in an area with nothing but other cheap houses and in an area that is "not desirable" you're not going to make much money on it, either in improvements or rent.

First you need to learn to separate the following:Maintenance: usually things related to wear & tear or tenant damage.Repairs: usually broken items like doors & windows, caused by tenant or nature.Capital Improvements: usually expensive things that wear out: hot water tanks, furnaces, roofs, etc.The seller is correct that Repairs & Capital Improvement items should not be a factor for awhile (ALWAYS get your own inspection to confirm).