What are your goals, short term and long term, and work from there.

Doesn't mean you have to amortize over that time period - for example if seller wants all their money within five years you can do a 15 or 20 year amortization with a balloon due at the five year mark.

Short-term not allowed by city.Condition: Built in 1930, All units are updated, newer roof, new windows, new foundations, new sewer, new electric/plumbing.

@Ryan NunyaYou are correct that short-term rentals are a different animal for tax purposes than purely "rental" income as noted in the original post. 

You may be saving money short term, but it does not mean you’re increasing your long term expected yields.  

The Home Warranty company came out, assessed the damage/repair, and in short they will be replacing her furnace.   

The reason for that is people looking for midterm rentals shop like short-term renters, but they act a lot more like long-term renters... and often they stay for 4+ months, 5+ months, etc.

Real estate investors ❗🫵🏘️🏠🏞️WHY❓..... are you relying on banks for funding your deals when whole life insurance offers the same function but with (many) MORE benefits, both short and long term?

Lots of big changes and challenges to be navigated but I'll keep this short and sweet to focus on the real world effects of the NAR Commission Lawsuit Settlement for investors scheduled to begin in July 2024.- Buyers will have more (and less) options.

Bite the bullet on the short term capital gains and flip 3 - 5 a year and you can clear 75k+.