The first deal is always a great learning experience and you will learn how to navigate the issues that may arise!

I have the issue of a high mortgage and taxes and insurance.

Material Participation Activities:Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.Contractor Management: Oversee the hiring and coordination of contractors or handymen for property-related tasks.Tenant Interaction: Communicate with tenants regarding lease agreements, inquiries, or property issues.Property Acquisition: Invest time in property search and evaluation processes, including visits to potential investment properties.Property Management Tasks: Perform activities typically handled by property management companies, such as rent collection or property inspections.Non-Qualifying Activities:Educational Pursuits: Time spent on real estate education or training programs does not count towards material participation.Investor Hours: Hours dedicated to investment analysis, financial planning, or portfolio management are not considered material participation.

I don't have an issue, but I learned a lot and will make a few changes.Mike

There was case relatively recently where one took it to the extreme with a watch purchase, and put their company name on the band - deduction was denied. 

Sometimes I contact people with a question about their experience, and often they are happy to answer, but this doesn't create any momentum to build a relationship in the long run.I'm actually considering moving somewhere else where there are more opportunities (e.g. more REI meetups), but I'm not sure this will automatically solve the issue I described for the LinkedIn approach.

I get that there should be some premium for a running business relative to SFH comps, but what is reasonable, recognizing that resale won't necessarily have only STR seekers interested?

While I use Tschetter Sulzer as my attorney for Landlord Tenant issues, I don't think they regularly practice in the area of Real Estate Agent representation.

So I’ve decided to simplify.All the verbiage about amortization schedules, compound interest, eliminating your checking account, etc. is just window dressing made to confuse the issue and distract the “victim”.

This gives additional reassurance that this specific 'fringe' region between Waldo and Marlborough is a sound area to invest IMO. particularly in the long term.Main issue with the Quads is price: they started at $550 asking in September of last year.