A Roth IRA Conversion lets you convert funds, pay taxes upfront, and withdraw contributions tax- and penalty-free after 5 years, offering a longer-term solution.This post does not create a CPA-Client relationship.

The Long term, after some reserves, I'd like to bring down the assessment costs since I worry that this will negatively impact the property value. 

Even promised ROI seems difficult to achieve.

Hey @Eric Andersen, so there are a lot of regs in the DFW area.https://www.fortworthtexas.gov/short-term-rentalsRentals are not allowed in residential districts: A-#, AR, B, R1, R2, CR, C, D, UR.Dallas recently banned STRs in single family homes but there was an injunction that blocked it.

Long-winded post, but I hope that this helps others.  

While short-term rentals in areas like Kissimmee, Florida, can pay for themselves and offer lifestyle benefits, the ROI typically doesn’t match what I see from my traditional portfolio of long-term rentals in North Texas.That said, short-term rentals can still be a great choice, especially if you're drawn to the area and the opportunity to combine personal use with investment income.

What if franchising is part of the strategy, with a long-term goal of acquiring properties as well?

Hello everyone,I just closed on a house and am exploring the possibility of turning it into a mid-term rental.

The East Rock area of New Haven (near Yale) is a huge outlier in terms of pricing, very expensive. 

It doesn't take long to learn how to spot a good deal.6.