Then I would figure out what percent of the total conditioned space was being rented.

from this time last week, 30-yr mortgage)Market RuminationsMortgage interest rates dropped considerably in the last 7 days, a well-welcomed reprieve from seemingly ever-increasing rates.

If I can find a creative strategy that can increase my rental income, then I am going to keep it as a rental.

However, due to the abundance of older properties, you need increase your CapEx and maintenance costs.   

It's important to remember that short-term rentals are subject to fluctuations in demand, so it's essential to have a solid understanding of the local market conditions and the property's performance history.Google awning airbnb estimator and take a look at the seasonality and performance of nearby Airbnb's to really get an understanding of how it might do

This figure marks a staggering 72% increase from 2022 and represents the highest number since the global financial crisis.

Sometimes in states like OH or PA, a lender might require you to buy it out, which increases your rate. 

Real estate investing is typically hard and risky and requires a significant amount of management to cash flow and increase its value.

That being said, we did get lucky because we had a bump of the post-COVID crazy appreciation, but we owned our home for 2 years and it increased in value by 33%.

So, the clock should start when Title is transferred.Obviously, if it takes some time to transfer you can build up some appreciation depending on market conditions, and good to know especially for the heir to sell in a timely fashion to take advantage of the exclusion.Good luck.Good luck.