I see so many people who don't understand what they are bidding on.They don't do the research, they don't drive by to see that the Google st view is not accurate and they put down a bunch of cash on a bad property. 

Raising rents on a monthly basis is likely to drive your tenants away.

In that situation I purchased a SF property 4 hours away from me this year as a fix-n-flip and to test the hypothesis that long distance fix-n-flips could be viable investments. 

Just look around on the roadway as you drive.

Quote from @Jordan Ray: Quote from @Jamie Parker: This past weekend I was driving with my mom and daughter looking at properties in the Memphis Area.

Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.

Contact wholesalers and maybe do some digging of your own via driving for dollars. 

Lesson: if you do not have two separate guest stays completed in 2024, there is no way to meet your 7-day test.

I do suggest putting the asset in the app ASAP to lower the audit risk.You can meet Substantially all participation tests (test no 2).

In response, I had a plumber and a water restoration company come to assess the situation.The restoration company cut into the drywall, and the plumber thoroughly inspected all the pipes, performed a leak test, and conducted a pressure test.