@Natalie Medved, take this with a grain of salt, as my wife and I only owned our Airbnb for about 18 months, but also have a close friend that manages something like 20 in the PHX area (a combo of personally owned and 3rd party for clients).We generally had luck in our furniture with the higher end Ikea, mixed with some vintage finds and some new from places like West Elm and Crate and Barrel.  

Due to all of this, Dave had no other choice but to file bankruptcy. 

I’be backed myself in a corner and need to start exchange early this week but the company I normally use said I can’t close until next Tuesday if they are doing it.

The unit was wrecked but I was sold a rehab project that would be much more expensive so that the unit could be converted into a bigger living space; the idea being that we could get more rent out of it (close to $1200 vs. $800/mo).The rehab was supposed to take ~ 3mo.

I’m close to calling LE regardless to check as he’s not willing to be a decent neighbor and work with us.We received our first complaint about it tonight from a renter which I knew would happen sooner or later. 

If you have the choice, owning physical real estate in an IRA is just a bad idea. 

I'll have close to $1M available in the fall.

Since we didn't necessarily have a say in who takes over the loan after the initial closing I thought we might be stuck with it.

I have had a couple of lenders tell me that I can't tell them that I am going to live in the property but they can't control what I do after the loan closes *wink*.

Then you'll close your BP account and go into hiding, not wanting to admit your failures and will forever curse real estate investing as just an alternative to gambling.So people underwrite to decompressed exit caps because they want to be the guy in the first example.