Your test ad doesn't mean this house is a great STR.

The information contained in this post is not to be relied upon.

This is JUST TO BE EVEN, with doing nothing. 

If your place is uninhabitable, tenants can end the lease or withhold rent until it’s livable, but I like to keep things friendly by offering a temporary rent reduction or helping them find a short-term solution.

This 2024 remodeled masterpiece is ready to impress!

Any advice/input/experience would be helpful.

To minimize this tax burden, consider the following strategies:1.

I'm still a big fan of this strategy and use it today. 

Purchase price: $47,000 Cash invested: $7,000 Sale price: $85,000 This acquisition was especially sentimental to me because I have so many childhood memories on this street.

This isn't inclusive but should give you a good start.