Thanks,Sarah  G'Day Sarah,Congrats on the leap of faith into the wonderful world of real estate investing.Best tip I could give you would be to take your time and soak up as much information on anything and everything real estate.Be it buying locally or out of state, the most important thing is to establish trust and relationships with key people dependent on the strategy you are looking at implementing.Over my career I have witnessed countless of investors getting caught up in online market stats, demographics, charts, etc... only to end up loosing money.As cliche as it mind sound but "Team-work makes the dream work"For example, if you buy the best house, in the best area, on the best street with the best capital growth prospects but your property manager is incompetent or a cheat.

Now, let’s uncover additional details about the top-performing Airbnb listings in this particular subarea of Okaloosa Island.The chart above shows a table containing the top performing listings in Okaloosa Island in the past 12 months.

.  -- I'm not kidding re this level of detail digging today --   Your hair should be standing straight up re having a turn over!!

It comes down significantly from that chart. 

A CPA can help you:* Set up your accounting system and chart of accounts* Advise on entity structuring and tax implications* Review your HELOC and financing options from a tax perspective* Plan for future property purchases and tax optimizationThat being said, if you're just starting out and have limited resources, you can still begin investing without a CPA.

Annchen,Great chart!

In todays environment, if you are seeking a syndication that is offering 18% the risk profile for that investment must be off the charts.

I just posted in another forum you can get cash flow and appreciation in columbus and I posted a few charts that show appreciation in columbus vs Cleveland (actually a downtrend in the last bit) 

Here's H & R Block's flow chart for Airbnb/STR reporting: https://www.hrblock.com/tax-center/wp-content/uploads/2018/0...

Thanks Glen...looking at that chart it seems that the rate adjustments are the same for investment property and second home.