I went from barely breaking even to walking away with a very comfortable profit.This experience taught me two critical lessons:Never give up when the situation looks bleak.

Managing a property hours away can be challenging if any issues arise, but having a third-party property management company could help handle those situations and make things more manageable.I think you are in the right place to gain some insight on what would make you successful. 

So here’s my situation.

There are many tax accountants on Bigger Pockets that can help you with your situation. 

To have a successful STR I HIGHLY recommend listening to this episode of a podcast: https://podcasts.apple.com/us/podcast/on-the-market/id161508...Once you listen to this, and any highly involved STR operator will agree, you will find a lot of the fundamentals are lacking in Kissimmee or you have to have deep pockets to hit those.I won't spoil the episode, but if you listen to it (and anyone out there that does) feel free to DM me afterward and I'd be happy to talk details tailored to your situation on if you're on the right path or maybe I can help.

I’m in a similar situation considering investing in fund 3.

@Jonathan Greene and @Nathan Gesner, you both illuded to sharing more about my current financial situation and background.

Looking for some input on how others would approach this situation. 

I have a situation where a person I know is moving out of the country and would be looking to put their home for sale in the summer.

Your feedback might also help guide others in similar situations.