It also requires gaining a level of sophistication and knowledge that not everyone has the time, inclination or ability to do.

It’s a great way to lower your living expenses while gaining experience as a landlord.

Because of this the supply is relatively low which means the ones that do exist tend to make good money, especially if you theme it toward bachelor/bachelorette parties.

Let’s see if we gain enough interest and make a meet up happen, maybe even a monthly thing. 

Specifically, I’d like to understand:How to evaluate motel operations and what metrics are most critical.Best practices for managing or outsourcing day-to-day operations.Thanks in advance for your insights—I’m looking forward to learning from the amazing investors here and gaining a better understanding of this space!

Thoughts and suggestions or too complex and take the hit on capital gains tax as I sell my rentals?

I’m currently in the research phase for obtaining my first property, and I am looking to gain insight on market trends, investment strategies, and project management.

Are there some other ways I can offset the rental income so we do not have a big tax bill from the gains?

We are definitely dependent on that population and job growth to eventually gain some profit spread.

STRs in Non-Traditional MarketsShort-term rentals in areas near universities or event venues are gaining popularity.