You can also look further back in time to get comps maybe up to 2 years but that would be pushing it and you may wish to adjust for any appreciation in your market. 4.

Just another way to diversify and get a great return at the same time.  

Rent is paid on time, and no problems with the general inspections at the beginning. 

Quote from @Ashish Acharya: @Niklas Zhu If you tear down your STR in 2025 and convert it to personal use, depreciation recapture does not occur at the time of conversion.

There comes a point where having a real estate-savvy tax preparer outweighs your time learning a new software. 

You are giving the end buyer of the loan (not the broker) the interest upfront instead of over time therefore you get a lower rate.

this depends on three things:1) your work ethic and personality2) your hunting and acquisition budget3) your timeTIME: If you're working full time, door knocking is out of the question.

Thanks in advance; this question seems to come up from time to time 

At the same time you're figuring that all out, get your brother and friend under a lease, or at least, a written agreement both parties can agree on.

I invest out of state because at the time, I could not find anything that would meaningfully cashflow, plus a $150k deal was a LOT less scary than a $800k deal!