For STRs, material participation rules apply, and STR income is treated as non-passive, allowing losses to offset active income.This post does not create a CPA-Client relationship.

He felt so bad about the situation that he did the additional repairs at cost, which was a huge relief and saved me from further losses.My Agent: My real estate agent, who helped me purchase the property, was incredible.

The marginal returns drove me to seek other strategies.So, this is not a "bad" deal if you consider it more of a learning experience than one that will make you a lot of money. 

Hello,I am seeking assistance in finding a real estate lawyer who specializes in helping clients get out of contracts with property management companies. The final straw was when my property went into abatement after ...

We rent and treat our tenants great expecting them to stay for 5 years.

A bad cleaner that is not paid well would tank your revenue so I think it's a blessing to have a well-paid and amazing cleaning team. 

Treat leads and residents well, and you'll do great. 

But it's a risk.If the PM is that bad, I suggest you do some research and find another manager.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

Unfortunately a lot of times we have found tenants speaking bad on PM no matter what happens but still trying to improve that I am not aware of your individual situation so cannot speak on it yet.

Posting this duplex that I found here in the heart of Eastern Michigan, I've been frequently trying to run numbers on duplexes and investment property listings as an up and coming agent and investor to try and gain whether a deal is good or bad.