In my opinion, even if you partner with a local PM company or turnkey operator your returns will drop significantly.

Have your notified your insurance agent/company that you are no longer living in the property and that it's under renovation?

Hi @Chantelle Lewis - We run a boutique STR/MTR Management company here in LA.

I'm going to ask my insurance company.

A bit, but with all of the chip factories, companies, and new developments coming to town I don't see it softening for long.

Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck 

I'm passionate about real estate and how utilizing this asset class can enable me to build generational wealth and retire early.

Large syndication company, higher fees than most other syndicators.

We have been a quality fencing company for 5 years part-time, and just announced this year we are going full-time with it.

I, too, went online today and found a bunch of scam warnings about the company.