Could VRBO users from Michigan provide some clarity about the topic of sales tax/lodging tax collection and payment to the state.

Given today's market.But conservatively, at those prices ($1,100 studio, $2,100 house) they would bring in$38,400 a year. 53% of that would go to fixed expenses ($899 mortgage @ 2.15% interest, $5.8k property tax, $4k house insurance).

Hey, I’m not an investor, but some unexpected costs to consider are closing costs, agent commissions, and most importantly, taxes.

I'm looking for the cleanest & most visible way to access payment history, see amortization schedule, tax documents, etc- much like bank softwares provide. 

I'm so excited to hear the Maximizing Your Tax Benefits session!

Scale Strategically (if this applies to your goals) Reinvest profits, use the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), and leverage 1031 exchanges to grow your portfolio tax-efficiently.I'm a mortgage lender at Aslan Mortgage Lending and would love to find time to talk and discuss your journey.

.- Rents staying flat while property taxes and insurance increase.- Unexpected expenses that eat into profits.For example, some investors who bought in 2022 at high interest rates expected strong rent growth to cover costs.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Sometimes hard to find this happy medium in rate sheets, though.Another consideration would be taxes - points are typically treated as interest, so if your tax obligations are high this year vs being higher in the future, then this could also impact buying down now vs paying a little more in interest in future years. 

Regardless of the states find a home now and buy it if you want to avoid higher sale prices and that comes with higher taxes!