Real estate transactions, especially flips, come with specific tax implications such as the potential for dealer classification, short-term capital gains, and cost allocation for renovations, which can significantly impact your tax liability.

As a short-term rental property manager in Massachusetts, I charge a 20% co-hosting fee, which includes full-service management—guest communication, vendor coordination, cleaner oversight, and overall property operations.I've seen competitors charge anywhere from 10% to 30%, but lower-cost managers often cut corners, while higher-end services may not always justify the price.

Mean while i would be building equity, and if rates do lower, or when the term ends, could refi for better rates and then maybe cash flow.My questions are:Is this too naively optimistic?

If you read the forums, Jay is on the opposite side of many deals with Norada investors and can personally attest to the successful transactions those investors complete. 

She had no connection to the property and no personal stake in the transaction.

You may think about buying a SFH instead of multi-family if you're working with a lower price point.

There are significant advantages to investing here (lower barrier to entry, much better price to rent ratio's, etc. etc.).

There are several out there that I am aware of that are taxed at rates which are currently lower than ordinary income rates. 

The lower the ratio, the more underserved the market. 

Lower property taxes, affordable housing compared to LA (CA buyers are usually cash buyers because what they net from their smaller home in CA can get them a bigger home here, often covered by what they net from their CA sale), allergies (smog), and politics.