Hello All,I am a 28 year old in commercial construction (project management).

If they are paid off, then it really depends on the rent and operating costs.

Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. 

The cost to remediate is a total of $3,965." !!!!!!!

Otherwise, is too hard to know for sure how much a property might cost to prepare for a STR.

Hiring a cleaner wasn't worth the cost it takes to run the business. 

Are you managing the property or do you have a property manager?

I have a property manager that is professional that runs everything and takes a 20% profit.totally worth itWhat made you interested in investing in this type of deal?

Investors are seeing consistent bookings throughout the year, making it easier to predict cash flow and maximize returns.Lower Acquisition Costs: Despite the rising demand, Indianapolis still offers relatively low acquisition costs compared to other major cities.

Low cost basis so the depreciation is not high.