Taylor sent multiple email inquiries to our insurance provider asking what risks their policy covered.

It would allow you to sell your STR and defer all the taxes to reinvest all the proceeds into another property or multiple properties. 

KateI also know many operators that have saved a ton of time using Avalara to pay taxes on multiple properties.

If you have multiple LLCs, best practice would be having a Plus subscription.  

However, if you have multiple rental properties it might be impossible to claim that you materially participate 500 hours in each property.

I even offered to let the seller out of the deal, multiple times, but he wanted to press on and just get it done.

if so you will need multiple properties - don't believe all you hear about the cash flow in Detroit. 

As you can see, the median rent MoM has jumped from $1388 to $1,500 and after a conversation with our leasing team, they have been the busiest they have been in a few weeks, leasing multiple properties with increased rates and in little time on the market for rent.

I recommend researching the average appreciation over the past 10 years in your target area to get a clearer picture.As you know, in real estate, ROI comes from multiple sources: Home Appreciation:  Reno Appreciation: Value added through renovations or improvements (usually just in the first year).

I'm looking to make this part of the retirement stream of income rather than an effort to accumulate multiple properties.