Then again joining a ski club with a house might be cheaper.We lost a deal in Vermont on buying a ski club house something like the boarding house Bill mentioned, we were involved prior to the house going for sale and it is a management challenge to book those rooms and have people share the common space.

Hi @Lynn James - Sorry for the challenge.

Stay engaged in BP!

I would be interested in picking your brain sometime WRT challenges and opportunities you've run into locally.

We also got involved with the HOA while we were living there, which enabled us to become friends with the more engaged members of the community.

I have a full time job and self manage about 15 units as well as extensive rehabs all at the same time, and it can get very challenging at times.

The investors challenge is the marketing campaign to find the sellers (as it always is especially in a sellers market).Good luck.

For tenants though they never get that they are paying for heat in their electric bill so you will always have that challenge.

Since I have a job not related to RE in 2014 I was planning on reporting on Schedule D via form 8949 and selecting (c); I think I'll be safe but would understand if IRS challenges me.

I've always known that this would be a challenge.