Make sure to prepare a professional proposal, highlight your STR track record, and be transparent with your financial projections.

I am tired of preparing for the worst... preparing for the worst is killing me slowly and I might not ever make it to experience the best.

Investment Info:Single-family residence buy & hold investment.

The revenue and expense categories line up with your Schedule E which makes it a breeze to prepare for filing your taxes and I like the reporting features, too.

Repairs made while the property is your primary residence are not deductible, but improvements can increase your cost basis, reducing future capital gains tax when you sell.

You better be prepared to handle the management though..

Yes, the intention is to build a primary residence for my family to move into. 

Look at their rental history, the conditions of their previous residence, and ensure they have a good track record with past landlords.

Thanks to everything I’ve learned from the podcasts, books, and this community, my wife and I currently own:A triplex in MaineA single-family rental in San AntonioA single-family primary residence in Las Cruces, NM, which will become a rental when we move in a few monthsFor context, I'm an active-duty Army officer with about 12 years left until retirement, and my wife works for a university in Boston.

I buy homes as a primary residence with 5% down and move into them keeping my previous as a rental and the area that I live doesn't have new builds that would work for us, otherwise I would buy a new build.