Hi everyone,I definitely will get on board with all these podcasts and books! 

While you can’t completely control who applies to live in your properties, you most definitely can find areas that are popular with students, young professionals, families, etc. 4) just as important as finding the property, you need to have an exit strategy in mind for the property.

May or may not be a CPA or EA, most likely they are seasonal, most likely you'll never talk to them again if you have an issue, you'll get someone else, most likely you will receive minimal to no advice on any kind of strategy, and definitely no follow up.If you are getting good service from a knowledgeable professional, $1,200 is likely a good deal. 

By definition and generally accepted accounting principles (GAAP) you should not include these in NOI.  

I definitely see your point on 1.

In my opinion a heloc used for the down on an investment property only makes sense if you have a path to pay it off in a short duration.  

If I had been more aware of/presented as an option a furnished rental when I was 20-30 years old, I definitely would have taken it. 

But they have come a loooong way since then, Definitely a solid choice for rentals...or even your primary home if you have issues with weather or pets..... 

The thing is that I am a Marketing major student as of now, but my big realization began last year when I realize that marketing is definitely not my passion, and that I wanted to dedicate myself to something I really loved and liked doing for as long as I worked, I saw real estate as a great option for me and I’ve been trying to learn about the market and about the business itself. 

Concern here is definitely the lack of long term rental options should any ordinance come down against STR.