Lastly 30% is too high for a STR management company, especially one that says how often or how long you can stay at your vacation home.

That last sentence is key.

Hello, I'm an experienced investor that took a hiatus for the last couple of years.

From my understanding - paint last upto over 7 years if there is no lead issues.

I spent the last 12 years building new construction, flipping and building my own portfolio in Indianapolis, and Louisville..

q2: Is the capital gains rules on living together the last 5 years strict.

I am not sure this property is a worthy investment (my last RE purchases were in Dec 2021 - I purchased $4m that month and have already made over $1m from those purchases), but I do know you cannot convince me that buying the cash flow is a smart decision. 

this house was a failed listing last year.

Hi @Jessica FrancoGreat to hear of your interest in property back home.From my experience (we own a company called KOURO here in South Africa) it really really depends on the strategy you hoping to focus on, the area, purchase price and what value you can add to that property - as discussed everywhere on BPWe do flips, multi-lets and now recently starting Developments.Our returns are really good and we give great returns to our hard money lenders of between 15-20%.We are quite happy and believe that the property market here, if bought right, will last through any down times.

After peaking in the second quarter of 2022 at $316 billion, trailing 12-month transaction volume finished the year close to 70% off the recent highs.As interest rate volatility whipsawed the capital markets last year, a noticeable shift in buying patterns saw investors move up the quality spectrum.