Awesome, STR investing works well here provided that you have a great location and take great care of your property. 

The biggest lesson from this one though had to be around timing.

Proc. 2018-58, 2018-50 IRB 990 (Dec. 10, 2018), that are due to be performed on or after Oct. 5, 2024, and before May 1, 2025, are granted additional time to file through May 1, 2025." the 45 day identification deadline is extended because Rev.

Plus financing and tax prep will be cheaper.

Overhauling that would be a major (expensive) upgrade. 

I came here to learn a little be more. 

Depending on the volume you would be submitting, find a company that does not have high monthly minimums and can walk you through the process if this is your first time using.

For your property to perform well, I would want it to rent for around $1800 a month to cover expenses and provide some cash flow.

Or because they don't want to be the bad guy.With closing on Dec 4th the issue is that your 28 day notice will be effective Dec 31st and your tenant has until Jan 31st to vacate.

I'm in the Charlotte,North Carolina area and looking to get into the laundromat business if you have any advice or knowledge on the subject please let me know.