These strategies can also apply to foreign STRs if you meet material participation and substantial services criteria.

The next phase of my maturation cycle is gaining "on the job experience" in the form of GP participation before attempting to take down a deal by myself. 

Don't participate in any program and not expect to put in the work.

Not sure if anyone is aware of this, but Marco's partner and CFO, Ronald Fossum, was charged with fraud by the SEC fairly recently and barred from participating in any type of similar activity.

I'm aiming to get a bare minimum $225,000 for it to make it worthwhile to sell, otherwise I'd most likely refinance and rent it out for now.Thanks in advance for any advice!

Hey Marc, When tracking your real estate activities for STR management, particularly to prove material participation, it’s important to clearly document each task you perform.

I'll buy them and clean them up, but we wont participate in the program.

It's 750 sqft and I'm trying to get a tenant to pay 2750 which will just barely cover all the monthly expenses and utilities.

The chimney is barely holding on and the mortar is missing in some areas. 

@Don KonipolI view these trends as both things that people are participating in AND things that are being done to them.Silicon Valley hires the best and brightest to make phones, social media, games and apps addictive.