Sold that place which was my favorite property.

I have $100,000 liquid that I want to invest in Air b n b and get as close to my “financial freedom” number of $4500 cash flow.

This opens up many new opportunities for investors and homebuyers by providing liquidity in an asset that was once difficult to get out of.

There is still a lot of liquidity in the market and investor purchasing power seems to be strong as well.

Essentially it would work something like this…1) My LLC purchases the property 2) He will only charge me COST on the labor and materials (no profit or markups) which will save me around 30% on regular contract figure he gives me in my market which is very expensive 3) He will also make 300k of his own liquidity available to inject into the deal (I will put some of my own cash in and get a HML loan for the rest).

But 1/15 of it was deducted as an amortized expense in Schedule E each year. 

@Jason E.

That was my favorite spot.

Those renters who bailed without paying rent will likely declare bankruptcy.In the final analysis, the victims are small mom/pop landlords and MF Cos. who will have to liquidate the Real Estate assets to protect themselves from bleeding furthering the crisis of liquidity in that Real Estate Class.

If you wanted to save time, I bet you could just read the show notes and pull a book list from those.My current favorite is "What Every Real Estate Investor Needs to Know About Cash Flow" by Frank Gallinelli