@Mike Most this is one of the few times we disagree with @Adam Bartomeo:)It really depends on the specific market the property is in.

Contact me if you’d like to earn passive income or are in the business and are looking to collaborate on any projects.

Finding the fixtures you want installed at the hardware store and pricing them is a must.

I would consider selling a property to pay off the credit card debt.Maybe your husband can manage the STR listings and potentially do the cleaning.Best of luck

You live in one unit, rent out the others, and your tenants help pay the mortgage.With loans like FHA or VA, it’s easier to get started.

Owning the dirt and renting the house is a great plan.

.: The problem with turnkey?

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Of course in the JV deals I do where we  come into title I pay tax at the state level if there is tax. 

Did they follow the Treasury Regulations above, IRC 469 and IRC 1402?