We've decided to take our aesthetic to Dallas, for several reasons both business and personal but we're excited for this next chapter of building.Outside of real estate, we like to take our dogs to the beach/park, try new foods and sharpen our RE skills.

Any tips on balancing personal and property management responsibilities would be greatly appreciated!

Really great book overall, but in the first 50 pages or so, they do a deep dive into figuring out your own personal financial statement.

If the rental property was your personal residence within the last 2 out of 5 years, it may be eligible for some exclusion.Feel free to reach out with more additional information as I'm happy to help as there a lot of moving parts here.

Quote from @Min Zhang: I personally love the Cleveland market for its cash flow.

I feel a more accurate headline for this post is “How I Made Me Lose My Life Savings”

It adds a personal touch and helps guests feel more at home.Things to Be Aware OfLocal Regulations: Check local short-term rental regulations, including permits, taxes, and any zoning laws that may affect your ability to rent the property.Cleaning and Maintenance: Short-term rentals require frequent cleaning and upkeep.

I'm still thinking about whether or not I should create an LLC, so of course that has me stalling on opening the new accounts because I am unsure if it should be in my personal name or an entity I have yet to create.

In my past professional life I worked as an attorney for a hotel development company that owned over 1B in assets yet as a company we  did not feel the need to utilize entity structures nearly as complexed or  convoluted as what you arranged. 

Personally, I believe there are great investment opportunities here.