.: You’re late to the party, but its still possible, you will just be getting the deals all of the establish investors have passed over.  

You can be sure your guests are not throwing a wild party in the back yard pissing off the neighbors.  

In this case, we saved the transaction by understanding what mattered most to each party and finding a way forward.What’s the most unique concession a seller has ever asked for in a deal?

In that case the rental contract spells out specifically the obligations of both parties.What I personally do with all my rentals is that I regard the rental agreement as a contract that both parties are obligated to fulfill.  

We own multiple commercial properties in our portfolio across several states (both local and not local), that we self manage, so that part I am not worried about at all.

Make sure all parties know the jurisdictions that you need permits/approvals with, and whatever duration you think it will take to achieve permits, probably add 50%.  

Material participation isn't just a box to check; it requires active involvement in the day-to-day management of your properties and meticulous time logs of not only the investor’s time but also other parties (like the PM company) activity.Navigating Short-Term Rental Tax Strategy:So, how can you avoid the same fate as Jackson?

It is when a tenant and landlord put in writing factual information about them renting and both parties sign.

Generally most of us aren't going to go through the guilty party's profile and take down everything that qualifies because it takes a lot of time and effort, and most threads have an extremely short shelf life - no one is going to remember it or see it a couple of days from now.

CAFEFULLY used, sub to and seller financing can be good for both parties.