Also, listen to podcasts that are geared towards passive investors like Passive Wealth Strategies for Busy Professionals and Passive Investing From Left Field.

For those looking to invest out of state, Memphis often stands out as a top choice.Since you’re comfortable with minimal cash flow and have strong W2 jobs, focusing on asset growth is a great strategy.

They are providing you education and guidance/coaching unlike a financial planner who would bring investment options to you including ones where they themselves stand to gain from the sale.

I stand corrected.You cannot use Section 179 for a roof replacement on a real estate property because Section 179 is meant for equipment and certain other types of tangible personal property that businesses use in their operations, like machinery or computers.

Try to stand out from the others by trying to build a community.

I can tell you, from an efficiency stand point, they are fantastic!

from my perspective C can be 50 50 for out of stand landlord   as in 50% chance of a decent outcome over timeD class for out of state I think is 80 to 90% of folks that try this will lose money and end up exiting as a loss sometimes a huge loss

It is intended to be a high level report to give hosts & investors insight into STR data for US markets and help with insight on how to set up your property to stand out versus your competition.  

The details can be many, but all stands upon this fundamental basis. 

Hey BP community,I recently purchased a SFR property in the Piedmont Triad area of North Carolina where I plan to replace the first-floor chimney with a bathroom (toilet, sink, vanity, stand-up shower).