However, strict compliance with IRS rules is essential to avoid penalties and preserve the tax advantages.Best of luck with your investment!

We just had an incident… a guest tried to steal money from the host , my mother in law -long story but lied stole cheated while staying and furnished finders will do very little to back you up, they’re like a hands off broker essentially, just do your due diligence and have good contracts in place, and research / background check really well if you use FFinders.

When working with a realtor under a one-year exclusive buyer representation agreement, the terms of exclusivity and commissions can vary, so it’s essential to clarify these details upfront.

Each strategy offers unique benefits, and it's essential to plan for seasonal fluctuations and consider cash flow vs. appreciation.Good luck!

If you are new and want to go about if on your own, and your Uncle or Brother or Friend is not your GC, expect what's called in business "Bad Debt Expense" which means essentially that you need to lose money until you learn how it's done and get proper ppl in place.Good Luck. 

For example, tenant selection is crucial to minimize issues down the line, and it's essential to know fair housing and landlord-tenant laws, especially if you’re considering investing in a state like California with stringent regulations.You may want to consider starting with one property and exploring property management services if things get busy.

Aloha from Hawaii Yehuda,I am a licensed property manager here in Hawaii, but co-hosting (the way that you're talking about it) and short term rental property management are essentially the same.

@Kayce Tackett I've been doing a strategy with buyers that is essentially a double close.

Essentially, I am looking to see if there is anyone who works at a brokerage where that is their primary focus I was hoping someone on here could direct me on who that might be.

Essentially, we're just setting firm boundaries from the very beginning.