A colleague recently closed on a small apartment complex in Downtown Phoenix, and they’re seeing a great return on short-term rentals targeting ASU students and young professionals.Feel free to dig deeper into these areas and keep networking!

For example, we offer full service management but we don’t do STR taxes due to liability and complexity… but is always a good idea to make sure you guys are on the same page on what’s covered and what’s not to avoid any miscommunication. 

I live in the San Francisco Bay Area and acquired 2 properties (one SFH solely owned and an apartment complex, co-owned with other investors) pre-2013.

However, it adds complexity, costs, and doesn’t guarantee tax savings without proper structuring.

This can come with more accounting fees due to potential complex nature of the trust. 

This could be a share of the profits or equity, typically in the 20-30% range, depending on the complexity and the workload.

Seems more complex than neccesary.

This can yield high returns but comes with more complexity, like managing operations, employees, and industry-specific risks.

It was a wild ride for him, especially in the first year, but seeing guests enjoy the space made it all worthwhile.Given your engineering background and rehab experience, you're well-equipped to handle the complexities.

Dave always delivers and has a way of taking complex data and turning it into a narrative about your future.