Four properties provide diversification, greater potential for appreciation, higher aggregate depreciation deductions, and increased cash flow over time but involve more management complexity and higher leverage risk.

@Gail TraversWould you mind telling us who are not involved with Sunrise and their operations what statements of theirs run contrary to the sociological research of Dr.

What I hear from various people involved in the STR world in Denver and Colorado Springs is that this bill is likely to pass, but that it's also likely to be amended from its current language.There are two potential areas of change I hear about:-- The number of nights rented as a short-term rental that trigger this reclassification.

You could look into house hacking a small multifamily property or partnering with other investors on a deal to learn while being involved.

As the situation became more complicated, I involved a lawyer and began mediation.

Schloe talks a lot about how amazing of a team he has found, so congratulations on building a group that is a win-win for everyone involved!

High borrowing costs right now, so have to look at what you're able to produce vs the borrowing cost. 1031ing can be a super powerful strategy, but there are time constraints involved.

We feel that this is fair for all parties involved.

Proactive updates can prevent misunderstandings and build trust.By balancing the needs of these three stakeholders,  a harmonious ecosystem can be created where all parties feel valued and invested in the success of the property.In summary:Property management isn’t just about collecting rent or fixing issues—it’s about creating value for everyone involved. 

I’m also from the US so I follow that market and am soon to be involved with a couple of exciting projects in Seattle & San Diego