The country simply does not have enough affordable housing units, and the new supply of affordable housing units is not keeping up with new demand.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

. $215k is the offer that is falling through.It's not something we could self manage.

We sold a wonderful two unit STR in Depoe Bay in 2024, which generally is a no-go zone but has neighborhoods with specific commercial zoning that allows for vacation rental usages as well as a brand new development of luxury homes that allows STR usages similar to Olivia Beach in nearby Lincoln City. 

So often rentals don't have taxable income; and once they do it's still not subject to the payroll taxes paid by W2 wages or on self employed income. 

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

I am not yet familiar with the management fees for an STR yet as we self manage, however Cleveland itself is currently STR friendly and just requires them to be registered if you have stays over 90 days and then you register with the city and pay $35.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Mainly the "self sufficiency test". 

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.