Property was sitting on market and needed light updates (roof, flooring, paint) but was in a great area that allows STRs giving me multiple options when deciding on rental strategy How did you find this deal and how did you negotiate it?

The management fee itself is 0.5-2.0% fee which is expensive.I've compared many Deferred Taxes Strategy: 1031 vs 1031 DST/TIC vs Deferred Sales Trust vs M453, the one that is applicable for a regular people is actually only 1031 exchange.

Thanks for the update.

Working the regular 9-5 is okay but I just want more.

I've already renovated one of the bathrooms, and I’m planning to paint the interior, update the kitchen cabinets, possibly sand the wood floors, build a fence is a corner lot and increase the rent for the room since my tenant is currently renting the entire 3-bedroom, 2-bathroom house for $800 a month.

It just shows up on your schedule e like a regular property.Other benefits are: limited liability/asset protection, reasonable minimum investment ($100k usually).Note that these do have risks just like any real estate and they are only available to accredited investors.

Thanks for the update.

I'm not not interested in regular old notes :) But, I do like partials (I've done a few others).

To top it all off, any future updates were and are always available to all of Rod's students.

Capital generation is always good with a flip, or maybe getting into a value add deal, leveraging hard money to  update the property, then re-fi and hold.