I am new to the real estate too and still learning all the terms and such (was a stock day/swing trader wanting a more passive income) so take my opinion with a grain of salt.

@Phil Baker I own and operate an AirBNB in Salt Lake City right now and have also looked into it in Washington County area.

And if you’ve owned “close to the beach” you have a good understanding of how salt air impacts your maintenance costs.

Hi Matt Smith , I'm not an expert on Airbnb investing so take my advice with a grain of salt...

Closed on my first home (ower-occupied for now, house hacking with room mates) just a few weeks ago. Settled in about a week ago and now my basement shower backs ups when water is used anywhere in the house. After get...

Take what I said with a grain of salt.

@Brandon Hall- By chance, and this is a LONG shot, do you know any good RE Tax Accountants in the Salt Lake area? 

I would also take those numbers with a grain of salt b/c Vacasa and Soleil/Walmart Management Companies will skew those numbers, so as someone who solely sells STRs, I disagree with the estimates you were given. 

I am not licensed in New York, so take these general thoughts with a grain of salt.

In my RE classes, we were instructed that if we were ever in a situation with other RE agents and a discussion  of commissions came up, we were to loudly excuse ourselves from the conversation in order to avoid charges of price fixing.If you are worth your salt, stick to your commissions.