You’ll save on labor and can invest those savings back into the property.Value Addition: With your expertise, you’ll likely be able to add more value to the property through your renovations than a contractor might.

But if you’ve managed to rent it for 8 years with minimal hassle, it’s worth considering how much additional work is truly needed to keep it going for a few more years.

In addition to owning a STR PM Company I am also a broker who works exclusively with STR buyers in the nearby Tampa area.My buyers love buying turnkey/performing rentals. 

A full bathroom addition can potentially boost value by up to 20%, while a half bath might add around 10.5%.

Bank accounts for each and handling everything separately So, I met with a CPA last week, and the advice she gave me was to create a Holdings LLC and a Property Management LLC in addition to the current 2 property LLC's.  

Do you have to say that your analysis of house hacking fails to consider where you become a tenant in one of the units that has additional units that you rent to other occupants?

Not only will this help you save on additional costs, but it will also provide you with valuable knowledge and experience for any future endeavors.

Basically they just want you to email them for info, and in addition to somehow getting you "exclusive" probate leads, they are selling the associated direct mail service as well.

In addition, my husband & I have cohosted for years in Fannin, Gilmer & Lumpkin Counties.

You still might need to take the state-specific portion of the exam in the additional state you’re trying to get licensed in.