Now you're back because you think BP can help your business.

We were going to start gifting them money to help cover those expenses when the idea came up of buying their house to give them a cash infusion.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Converting your STR to a primary residence for 2 years can help avoid some capital gains taxes under the Section 121 exclusion (up to $250K or $500K if married), but it won't eliminate depreciation recapture.

AI and tech are helping loads with attracting guests and streamlining efforts in management.

I just want to help and build something that is useful.

Was it simply experience, or were there particular resources that were helpful to you? 

Make sure your listing is SEO optimized with the right keywords to attract more renters—many property management companies can help with this, along with tenant screening and payment management.

In your case, since your parents own the properties and you’re helping them out, you may not be able to claim those deductions unless they pay you for your services.

@Don Konipolthank you all for the responses, very helpful.