Sometimes the HOA can cover capital expenses like roof and exterior, so that can help cash flow as well, but the HOA might increase the dues when they have to pay for capital items.

So, foreign investors should be aware of their travel patterns and consult a cross-border tax advisor to avoid any surprises.

Some of the properties could be better off in both exterior condition, as well as units rented (which is currently probably at around 50% or less). 

If the seller is still on the property after you close (you negotiated delayed possession), I wouldn't be opposed to doing exterior work (roof, landscaping, concrete, etc.), but I wouldn't do any interior work.

I'm not sure of the local job market etc, but maybe someone who wants to save on rent would pay a couple hundred a month to bring in their camper/RV/Travel Trailer to stay in the area for cheap...that's about it I think.  

Hi @Michael Baum, I have watched several PB episodes about MTR, mostly for traveling nurses and insurance displacements and I am interested in learning more but I do not have time to watch everybodys videos on how to get started.

In 2022 following massive industry changes, on the heels of COVID, I decided to pursue opportunities that would give me the ability to travel a bit.

Be sure to do your research by connecting with local hosts in community Facebook groups to find out where most of their bookings are coming from.Listing your property on multiple platforms is a smart move, but make sure these are the sites that travelers to your region actually use.Additionally, consider developing a marketing strategy tailored for snowbirds or mid-term renters during the off-season.

But I'm wondering if there is a way my parents or I can claim mileage deductions on taxes for my travel related to taking care of their properties.

So we market to families and groups traveling for the bike trail.