., a large upgraded kitchen, two living rooms, ample parking, and a private backyard, the home is set for completion in May 2025, with leases starting in August 2025.

I am just starting out and have 1 STR.Would love hear the pros/cons that you took into consideration when deciding how you want to manage your STR.

I'd love to start my networking and also understand the tax complications of buying property while abroad.also FYI - my husband and I are looking to move to the USA at one point but most likely in 2026.

We are starting the process of analyzing deals, making a plan and executing on it. 

Start with the end in mind --- what would be the investor's exit strategy for this home? 

You can assume about 1% in closing costs in addition to commissions so you're starting around 7% before the seller gets any cash at closing. 

I'd start talking to her and looking for another place for her to live. 

With that said, it's best to START it like you're going to outsource everything, so it will be easier once you decide to make that transition.

I think $1,700 might be excessive but I've rented out a room for $800 beside, so that x2 should've been my starting point at least I think. 

Knowing your current state comps is a great place to start and a real estate agent can help pull those figures quickly.