We recognized market conditions were optimal for a fast flip, and our ability to act quickly minimized holding costs while maximizing profit.

This property was sourced through our extensive partner network, and we quickly recognized its market potential.

Overall I would treat this investment as a high risk gamble and willing to accept loss if it failed but It's also a very interesting process to understand how the industry works.

More people are wanting to get into the STR game and if an area doesn't have enough guests to support more and more competition, I can see this happening.Good job on recognizing the trend and getting out while house prices are still high in the area.

I always found the inspectors very nice, if I made it clear that I recognize that they have the power.

This transparency not only demonstrated my competence, but also allowed potential investors to see the meticulousness and professionalism that went into each investment decision.As the importance of social media expanded, I recognized I needed a committed team member to efficiently manage my online presence.

(Cash flow is always a gamble.).

Lick your wounds, learn from it, and move on.Kudos to you for recognizing a problem and then posting it up here. 

Basically you could only recognize up to 578K of business losses again other w-2, int/div income.

I recognize our luck will not last forever.