These are professionals with additional training and a stricter code of ethics.

These are professionals with additional training and a stricter code of ethics.

If the answer to all three is Yes, I buy.And let life unfold.I have NO IDEA what the ultimate return will be….NONE….And neither does any other investor if they are honest…..most crystal balls I find are broken.But if one acquires the property is a solid long term manner based on fundamental investing principles and is never forced to sell…History indicates the long term trajectory of price and rents are up.In my experience, real estate follows cycles……. 6 or 7 years of a bull market, 1 or 2 years down (though the up is always larger than the down), 1 or 2 years of flat which then sets the floor for the next run up.

Also your E&O insurance most likely does not cover you when you are a principle to the transaction.

My hope is that developers invest with ethics in mind because they are driving people to local governments that are not ready to sustain them. 

I don't understand how so many miss the most basic function of STR that it is Hospitality, and ignore the very simple, long founded and known principles of such.

(Minus the small percent of the payments they’ve made that’s been considered capital gains.)My understanding is the 60 payments they make will be split up in to interest (regular taxes), capital gains (15% usually), and principle pay down (non-taxable.).

Because we were paying off loans in the 5% range, our cash flow per month actually went UP because the Principle & interest that went away exceeded the cash flow we lost from selling the property.  

Like all other professions in the world, cleaners exhange time, work ethic, and knowledge for money. 

Assets identified in this study include:Concrete paving and paversFencingEquipment padsConcrete sidewalksLandscapingThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.