By using their ability to raise capital, I overcame financial hurdles and got access to great investments.Like any business, syndication came with challenges.

So thats the reality from my point of view I made a business out of this for many years and my dad made a business out of this in the 70s through the 80s so lots of experience at it. 

Check out the STR forum where you'll find some great information and will see questions and answers from those who have successfully scaled STR businesses. 

., Massachusetts) don't allow us to leave alcohol in our Airbnbs...

The new people don't know and they are the business target.

Zillow lost so much money that they decided to exit the flipping business, while most of the OpenDoor properties we see in Las Vegas are sold at a loss.In my experience, software can only go so far when humans are involved.

I thought about maybe converting the living room with a fireplace on the main floor to a 3rd bedroom, but I'm not sure if the HOA would allow such a big change to the layout.

I have REPS by actively and materially participating in my rental property portfolio, and also work as a real estate broker full time (1099 collecting commissions through a single member/purpose LLC) from buildings I sell.My losses from my rental properties (LLC #A) largely offset any federal and state taxes from my brokerage business (LLC #B).

@Mayank JainDo you have a W2 job or do you own a business that is not involved in real estate?

In my experience it is common and customary for the landlord or builder to provide TIA, tenant improvement allowance, to the tenant to assist if not cover the majority of the internal buildout.