Purchase price: $47,000 Cash invested: $7,000 Sale price: $85,000 This deal was sentimental as I grew up on this street and wholesaled a house across the road just 1.5 years ago.

Hey everyone,I’ve been diving into San Antonio’s STR regulations to get a clearer picture of how friendly the market is for short-term rentals.

With a passion for finding undervalued properties and transforming them into profitable assets, they are eager to learn, grow, and build a successful real estate portfolio.

Just having a hard time seeing those 10 yr numbers based on each scenario. 

At the moment we are renting in Mission Viejo California.

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

Quote from @Nicholas Dillon: Hey guys,I own 3 homes in the Atlanta GA area. 

Try to interview at least 3-4, then lock one in.2.

I have a house that I am looking to rent long term.

Do they have other liens on them?