From your current property--50% towards reserves, 50%s towards DP #2 & 2nd house reserves.

Hi all, my LTR (Boston, built in the 1930's) has some cracks in the basement walls that I didn't think were too serious (owned for 10y, some water and flaking but mostly dry).

As a college student landlord you may have interaction with parents & if they find you unprofessional that may raise red flags, but if you have your s**t together you can ease those concerns.I am a big fan of college rentals.

I think the expectation at Airbnb has definitely been elevated to a whole new level. 

If we sense there is a red flag, were asking them to upload additional documents like tax returns w2's etc.

They always make sure to have line(s) of credit to get them through challenging periods.

How much will you spend in repairs on a 1920's house with renters ? 

I would have to agree with this - appraisals are no exemption to the general inflation/rising costs of the past few year s- $750 is hardly outrageous and investing in non-warrantable condos and with HOA restrictions is always going to have a risk for hiccups

@Aman S. shoot me a connection request and I'll send it over!

More about the concept of STR tax savings is here:https://www.biggerpockets.com/forums/51/topics/1122635-the-s...As to one CPA saying that your losses would still be passive, we cannot comment.