The longer you stick to your plan, the more successful you will become.

I am mostly interested in investing in long term, single family, rental properties.

Good morning everyone,Curious to see if someone could help with the following question:If I perform a cost segregation study for a short-term rental property purchased the previous year, would I amend the return for the previous year or adjust in the year of the cost segregation study?

@Margot WeatherfordIt will vary based on current lease terms.

There are lending specialist (also private lenders) who will lend you funds for EMD etc for short-term only.

My friend @Andrew Bosco specializes in medium term rentals (it should be similar furnishings to STR) and has a pretty sweet checklist that he utilizes for furnishing the property.

Very poor credit.Truth is many gurus will say its easy to get HML, but if you have poor credit and a history of not being able to pay bills, why would a lender give someone money who already cannot pay bills and has zero real estate experience and zero money funds to do something they never did before and expect it to be successful?

If you are ever up in Chicago I'd be happy to link up as well.Your decision-making skills as a vet/emt will go a long way in real estate.

@Brent Warner I'm from Long Island myself and moved to Jax FL in 2020 and moved to Orlando about 9 months ago to be closer to my wife's family and some of my family thats also moved down.

For years, there have been claims that short-term rentals take away housing supply from renters and homebuyers and, as a result, inflate rents and home prices in nearby areas.