Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.

So yes, it's about knowing your business and being very specialized. 

My focus is on providing either turnkey-style space for those interested in temporary, infrequent use or long-term leasing for business folks who require conference room space (or perhaps event space).  

But I'll mind my own business now. 

Congrats on getting started with the STR business. 

@Eric E.UBIT only comes into play in an IRA on leveraged real estate and running an active business.

I'm sure there's other stuff you'll want to factor in - what businesses are moving to and from each areas. 

Oh I agree with you if that rent will be a business income to live on vs just an unrealized gain.

I've learned that it's extremely important to find balance in this industry as your passion for your business can impact your personal life greatly!

If they are too busy or too lazy to answer a call or send a short email, what else are they too busy for?