The investors with the greatest success play nice with market cycles skillfully.  

It can be a great job, but it also requires a level of mental toughness. 

It depends on your interest and the level of involvement you want to have and the time it will take you to learn.1.

Personally, I also maintain a certain level of leverage for asset protection (ie. get sued-->forced to sell @ 10-15% market discount, 6% agent fees, not much meat left on the bone @ 75-80% LTV)

Hotel lobby is using homeowners to get these short term rentals banned in local level.

All have been long time members of our association and working with local investors and small business.For Tax Strategy, hands down I would recommend John Hyre - but he works on a national level, formerly from Ohio. 

You can be of an expertise and maturity level that far exceeds your appearance or legal age. 

Sometimes it can help level out any indifferences and seams.

If so, it would be better to do all the renovations at once, then raise the rent to market levels and have a stabilized property up and running.

@Shawn WilliamI think you should level it and build a commercial property