I've made the concerted effort to be an educated investor about my retirement and passive income.

You can always try and find off market deals as well through your own efforts, but since its your first deal a good realtor can help.

Jay Kaufman, Chair of the Joint Committee on Revenue, and then Rachel Lake, Operations and Constituent Services Director for Senator Julian Cyr, who represents the Cape and Islands.As we mentioned in previous communications on the topic of the Lodging Tax, the momentum is growing among Cape and Islands Chambers of Commerce and state legislators across the state to impose the 11.7% Lodging Tax to all short-term rentals, with 5.7% going to the state and up to 6% to the towns.Our opinion piece that was published in the Cape Cod Times on April 5, outlines our reasons for opposing this tax.Despite our concerted efforts for nearly ten years, it is becoming increasingly clear that legislators are intent on imposing this tax and will likely succeed.Homeowners can certainly continue to lobby against this tax, but a more realistic approach at this point might be to attempt to mitigate the negative effects it would have on the Cape and Islands.

A wise investor will account for the time, effort and cost of permits in their timeline.

I assess that the PM/Realty company focuses more on the realty side of their business rather than PM, a lack of effort hurts the property owners.  

It takes time and effort, but can totally be done.

I really don't want to add debt in an effort to try to become debt free, that just makes no sense, but its always good to get an opinion from those with more experience.

In exchange, me and my friend had to put the necessary efforts to find the deal and to renovate the house, which we did.

Genuine question. 

Do your homework, put in the time + effort, and you’ll find success with enough patience.