It needs to be irrevocable so that it stays outside the estate of the seller.2.

That's too much effort required to earn a few dollars on a short-term stay.

Very brief summary of article: CTA has a issued a nationwide Stay on the January 1, 2025 deadline for beneficial ownership reporting to the (Federal) Financial Crimes Enforcement Network (FinCEN).

So most agents are only putting about half of that $12k in their pocket, and out of that $6k they have to cover all of their operating expenses: licensing fees, MLS/ Realtor Association fees, continuing education classes to stay compliant with licensing requirements, monthly "desk" fees/ technology fees to their brokerage, health insurance for themselves and their family, errors and omissions insurance (required), marketing, car, car insurance, gas, clothes, computer/ software, cell phone, closing gifts, signs, photography, staging if they offer that, etc.

Even if you’re not an agent, staying connected with local agents can open doors.Exploring Older Landlords: This is something I’ve been doubling down on lately.

I hope the tenants stay for awhile, and you keep the vacancy rate down.

As long as you stay invested and let your hard earned capital continue to grow, you can pick your spots when a real estate opportunity offers outsized returns comparatively to other investments. 

Keep it up and stay connected. 

After five years, I am willing to buy the other owner out or they could stay in and continue earning and enjoying the property. 

Stay tuned and work with their folks for details, should be some exiting things in the future.