Of course, every owner's situation is unique and factors like the legal entity involved, purchase date, adequate passive income that can be offset with the cost segregation study, etc., will need to be considered.

“How” they live together is more involved.

Are you able to get a partner involved? 

I am also involved in management at one of the largest STR property management firms in Cashiers.

That covers the down payment for the purchase, the rehab, and the $18,000 for reserves for the account, and $5,000 for me for each property for the time and work involved.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

If you’re heavily involved in the wholesaling world, this may be easy.

There is so much MORE work involved as opposed to buying a fixer-upper and rehabbing that!

According to the agent involved in the deal, they think I can get these numbers...