Hi, @Ben Netter, My clients and I had great experiences with IPX relative to the two rental properties they sold in the last 6 months.

I have a client in ATL that knows STR very well and could provide some resources if needed.

-------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

However, you can reduce tax liability by:Converting the flip into a rental for at least a year, allowing for depreciation and potential 1031 exchange benefits when selling.Offsetting gains with deductions, such as accelerating business expenses or using cost segregation for rentals.Using an S-Corp for future flips to lower self-employment taxes while keeping rentals in an LLC for liability protection.Deferring deductions to 2025 if your 2024 taxable income is high.While a 1031 exchange isn’t an option for flips, strategic tax planning can help minimize taxes.This post does not create a CPA-Client relationship.

Many of our borrowers/clients have one LLC that owns the building and another than own the operating business.

In Dayton, I find most of my clients like A/B class 1-4 units because they can actually cash flow AND be in great areas.

I had a client once who complained about ants when I had never seen any.

[Disclaimer: This information is a service to Clients and other readers for educational purposes only.

“Attom said the median price for a home flip purchase was $760,000 in San Diego County and sold for $915,000.

Purchase price: $230,000 Cash invested: $283,550 Sale price: $283,500 Purchased off market. $25,000 Rehab. $20,000 profit after realtor commission.