Of course, it comes with many different challenges.

If you sell, you’ll likely face a significantly higher rate on any future purchase, which could make finding a cash-flowing property challenging.

Managing a property can be incredibly rewarding, but it does come with its fair share of challenges—especially with the recent shifts in Rhode Island legislation.In 2024 alone, 39 bills were introduced, and seven significant ones passed, including extended rental terms, mandatory fee disclosures, and other updates that every landlord should have on their radar.

Challenges?

Risk that the IRS will challenge it, which is far more likely than with a full-service professional report3.

Challenges?

I navigate through cities and towns, identifying areas that are both friendly and challenging for STRs.

The increase to expenses has been a challenge.

It worked out well, but not without its challenges, and I learned a ton along the way.How to find a partner: Meetups and forums like this are great places to start.

Challenges?