However in my PPM that was prepared by my securities attorney, the minimum was $50k to get into the deal and only open to accredited investors as defined by SEC.

:PAs I look forward to what the next chapter looks like after baby #3 is born, I am looking for ways to take all that I've learned, but eliminate the "always on-call" aspect of managing STRs, so that when I'm not in a dedicated work session, I can focus on my family.I have some ideas, but would love to hear any other suggestions from you all as hosts or potential future hosts.

Grey is definantly the new beige.

Tourist homes are defined as a house having 5 or more bedrooms, but without cooking facilities for use of the guests.

If the expectations are not tightly defined from the beginning you'll end up in a mess.

It is a good community to network and learn about all aspects of real-estate investing.

Some hate income property investing once they are into it, some fail miserably and others end up loving it.You do not need to make the decision today or at any defined point in time.

@ Khouri, I definately understand where you are coming from looking outside your area.

Almost all retirement plans are protected against creditor attachment; many including myself have found ways to legally place millions of dollars of real estate, notes, and business assets into Self directed IRAs, Solo 401ks, SEP accounts, and Defined Benefit Plans.

These are IRS forms, so the IRS gets to define what they mean.