So profit might be 10k-40k if I include closing costs and commission.

Instead, a hybrid approach could be more cost-effective and aligned with your goals.Why Full-Service Property Management Might Not Be Necessary:Based on my experience, Evolve is a popular "half-service" property manager, which means they handle tasks like creating professional listings, managing dynamic pricing, guest communication, and advertising on platforms like Airbnb, Vrbo, and Booking.com.

If you are a lender with competitive offerings or if you have contacts who can meet these criteria, I would greatly appreciate the connection.Please feel free to reach out directly.

Feel free to ask any questions about:Market Trends: What types of properties are in demand?

@Yi Chu a Roth IRA is already an account that allows tax-free growth so depreciation won't benefit you since depreciation is used to offset taxable income.If you need the depreciation to offset other income outside of the investment, then it might be best to invest outside of the Roth IRA in order to take advantage of the depreciation. 

If you’d like help with financing or further advice on your next steps, feel free to reach out!

Feel free to share any insights you gain along the way.Jackson

Feel free to reach out! 

The closing cost and associated fees often add up in these transactions.In the examples that I saw … Essentially there may be a mix of private/creative/bank money to get the asset initially.

Then, provide a rent abatement for X yrs to offset their costs.