And yes I have done one in 50 years in the industry.Facts:1. purchase contract and gave 50k up front to bring tax's current. 2. it was all cash no contingencies.3. seller just goes dark no response to anything.4.

I think a new administration brings new ideas and new people.

May this year bring you strategic wins and profitable ventures in an evolving market landscape.

Even the 3400 would be pretty amazing if you could swing it.The bottom line is what a place like that would bring.

Investing in a short-term rental property as non-local owners can certainly bring tax advantages, but achieving material participation requires careful planning and documentation.

And then I look like the bad guy bringing $0.65 to the dollar for an out for them, because there too blinded to realize the other options are more like $0.45 on the dollar. 

Now, that meetup is in South County, on the MO side, but brings in folks from Belleville, Fairview, Collinsville, Cahokia, and all over the St Louis area.Now, there is a monthly GRID meetup in Edwardsville that brings in folks from the metro-east, as well.Generally, going to any real estate meetups in the St Louis area will find you someone who also invests in Belleville.I also invest in Cahokia, John.

If you don't mind a little more management, renting by the room and midterm can bring in a lot more revenue than renting just the basement or other unit if you get a duplex. 

I'm also in FL and am a RE investor (STR/MTR/LTR), developer, and just love RE and the freedom it brings.

Now it's time to see whether I can bring some of them to fruition.