The fact they ask you to do this is not only a red flag for obvious reasons, but also because, they should know better how risky this is for you and if they had true good intentions they would have understood that and not offer you that option.What you can do is tell them..

FreedomSoft doesn't do anything but monetize CL and other obvious public info for their benefit.

You obviously hate the tenant, which is fine.

So you just need to look at that additional $2000 - $3000 of interest each year as really being 1000 - $2000 of total new expense to your after the tax deduction.3.  

I totally agree with you about spending time in person to build a network - my husband and I are definitely open to making trips to Buffalo or other markets we're interested in to get a better feel.

So the value and equity of the land you have counts towards the total value of the deal.

Yup, most renewal fee's are total BS fluff.

I focus on total return.  

Hello,Totally new to real estate investing but looking to learn and get started.

Obviously do your own research before asking people on Facebook, but just another way to connect with hosts and see what they do and how they file those STR taxes and maybe some additional helpful info.