Some people have this dream that new homes are maintenance free, but in reality it's not much different than an existing home.

It’s a market that often flies under the radar but offers great potential for long-distance investing.And if you ever need help building your team or want some recommendations for reliable contacts in Oklahoma, feel free to reach out.

Feel free to send me a message and we can talk.

Alas, this scenario didn't last very long, as you would expect in a free market capitalist society -- new money flood in, more STRs in supply, property prices increase, STR incomes decrease, until a new equilibrium is achieved.Nowadays, the word STR is being used to describe both the property and the business.

Let me know if you'd like me to review the purchase agreement for you (as a free consultant, no agency implied) and I can give you my interpretation. 

Vaughan, did you tell him he said he would do it for free?  

Feel free to DM me if interested in discussing more, would be happy to assist.

Another solution is to simply list it as an STR and say "contact host for long term rates".

I haven't spoken to the county yet, but will make that phone call today.As far as financing -- I was leaning more towards getting a business line of credit or using a business credit card and rolling it over to interest free cards.

For OO owning it for 2 years of 5 gets $250K gains per spouse of tax free gain.