Let's re-visit this post next year and see.

@Elias Halvorson the poster actually lives in another country.The pinned Cleveland, OH reference is just what they entered based upon this post:)

This is day to day spending, rent collection, tax/utility payments etc. (1) account for all security deposits, (1) account for parachute fund, capex items etc.

Mitchell, this is super interesting.

The internet makes the world very small.As far as buying out of state, one challenge I did not see any other replies mention is your occupancy. 

Here is my Cliff Notes on this elaborate example:If you have unused losses from the past, they might significantly soften the tax blow from a profitable sale.I don't see how this is called "strategic play" or "premium lemonade."

My question is when we see the monthly statement on the management company’s portal, we don’t see the actual booking (from Airbnb or vrbo).

Any guidance or tips would be greatly appreciated!

Where I see the biggest pitfall however is, in practice, you may run into trouble with the appraiser on the new property re-fi if you're not doing any improvements.

This experienent has no "memory".