It can make leasing a bit harder since you will have more vacancy when those come do but it will all be in peak season.With respect to the hiring decision, you would need to hire someone to replace you (perform the same functions you currently perform) so that you continue to work up the ladder (spending more time on higher value tasks).  

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Hi All, As an active investor in syndications, I'm curious to hear about recent performance across the community.

We have a niche market due to the hospital and university which has pros and cons but my properties have continued to perform well for me.  

My goal is to build a business that serves corporate clients; construction and infrastructure development teams, medical/education faculty, corporate relocation, family emergency relocation services, sports travel/events,corporate and industryand I want to learn from those of you who are doing this successfully and are willing to share actionable ideas for how I can be successful in offering value to these groups.Thank you!!

Perform a home inspection4.

If a cost segregation study was performed, the accelerated depreciation may further reduce the property’s basis, potentially increasing taxable capital gains when sold.Depreciation recapture will occur when you sell the personal residence, so it’s essential to keep detailed records of all depreciation claimed while the property was used as a rental to ensure accurate tax reporting at that time.This post does not create a CPA-Client relationship.

How do I know which questions to ask to ensure the property manager is performing at its best?

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

So you shouldn't count on appreciation to justify under performing STRs.