Selling the property offers a significant cash sum, enabling you to potentially diversify your STR portfolio by purchasing multiple properties outright, fostering a more passive income stream.

This would enable us to expand the list of potential properties, increase the odds of winning auctions, and still generate a similar sized profits.

Last year I got my real estate license to enable me to look for deals and help other investors with a similar mindset as myself find places to start their real estate journey.

Using a property management system (PMS) enables you to bring automation to all major areas of Airbnb rental operation (cleaning coordination, guest communication, digital self-check-in, review requests, pricing, upsells, and finances)The bottom line a busy physician with a fairly high W2  can pass material participation tests (100 hrs AND more than anybody else), claim tax losses from his or her STR business and save 6 figures in taxes without working full-time in real estate. 

Hey James, with a price range like that Columbus and Cleveland OH will be a standout choice, in these cities, your financial resources will go a long way enabling you to assemble a diverse multifamily portfolio and initiate a steady stream of income. 

Can someone provide me with some financing ideas other than the two that I just mentioned that would enable the other heir to receive cash from their portion of the equity based on its current assessed value and allow me to take ownership of the home, subsequently remodel it, and rent it?

We have to charge fees that enable us to earn a living, otherwise we will move on to another profession.Agents can go for months without earning a dime.

This one sale will enable us to buy 5 additional cash flowing houses, and expanding our cash flow.  

Nearby is a tasteful power switch to enable the purchaser to switch it on and off.

In these cities, your financial resources will go a long way enabling you to assemble a diverse multifamily portfolio and initiate a steady stream of income.