There are certain income thresholds were this is not the case.In short, there are a lot of ways to structure a short term rental property along with  your business from a tax perspective to make it a lucrative investment.

I'm hoping perspective guests feel the same way.

I look at every property on its own merits.I know others will disagree and that’s great, the more varied the perspectives the better.

I would take a look at a couple different things, at least speaking from a tax perspective. 

And economically, they aren't wrong, that would be the highest and best economic outcome from a valuation perspective.

I'm interested in hearing different perspectives.

The perspective is skewed since you are already in the industry.

James, from a contractor's perspective I don't typically recommend re-facing cabinets.

I understand your perspective.

When evaluating long-term real estate opportunities, keep in mind the four key pillars of investing:Appreciation – Focus on how your property’s value grows over time.Cash Flow – Assess your rental income after accounting for all expenses.Tax Benefits – Leverage deductions like depreciation to reduce your tax burden.Debt Pay Down – Use rental income to pay down your mortgage, steadily building equity.Think of it like investing in a 401(k) with a long-term perspective—especially in California, where property values can appreciate significantly over time.