Hey Anton, I'm a broker and property manager here in Sacramento with a lot of experience in coliving, we manage about 100 airbnb rentals and some by the room.

Warning:If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.

If you can't figure out how to escape that entry-level job and get into something that pays better, then I would argue you probably don't have the skills necessary to invest in real estate and manage it well.Focus on finding a job you can be proud of and that pays well.

Quote from @Kornelius Friske: We have a STR located in peoria AZ. it's 6 beds (garage conversion) and about 3900 sq ft in total. our energy bill last month was $450 and has been hovering in the $350-$450 range since we went live in august.

It is located in an area that attracts college students/employees, working class families, and military families.

A major part of the success or failure of an STR investment is the design, furnishing and management plan.

-If you are set on selling off market and too investors, I recommend reaching out to all of the property managers in the area and see if they have clients.

Building a portfolio allows you to gain experience, develop systems, develop your own approach to managing properties etc.

Hello, I'm in the process of purchasing a single-tenant commercial building, and I'm looking for recommendations on property management software.

Not surprised he is a property manager.