Secondly, you'll definitely want to confirm with a tax strategist with experience in the STR space to confirm if the setup you describe will pass as an STR with the IRS. 

And $120 SF is a price from the 1970s in my experience.

House hacking can make that free/less.

Many think they can hide but the moment they finance a property all of that goes away, so most spend thousands to setup some tricky system to try and hide there name that can be found online for free.

If you know anyone reliable and professional that has an experience, I would really appreciate it?!

Turnover costs can be frustrating, but they’re worth it for the peace of mind that comes with having quality tenants—tenants who pay on time and don’t bring the daily stress of dealing with bad renters.If you keep these tenants, they’ll likely cause more damage, knowing they can get away with it.

Managing a rental property can be challenging, especially if it’s your first experience.

Curious what experience others have had done.3.

Check out FilePlace, where user-created forms are available for free.

I lived in Michigan for five years before moving back to California, so I’ve seen firsthand how the market has evolved.A few things from my experience:•BRRRR still works in Detroit, but it’s not as easy as it was a few years ago.