One of my luxury STR properties got me a $330k deduction. yes, you read that right!

This strategy also allows investors to gain access to world class amenities like elaborate pools, spas, beach access, top tier bars and restaurants, and luxuriously decorated grounds and common areas. 

Got out of the STR business myself but still in touch with some people who are still having success.In my observation, the only homes where the #'s still pencil out are the larger, more luxury products.

If I didn’t have the luxury of the income, it wouldn’t be sustainable, but with the physician income it’s something I think that is worth stomaching.I saw people saying I should invest in commercial for medicine or move to other types of investment.

Replaced the floors in the unit we moved into with LifeProof Luxury Vinyl Plank Flooring.

You don’t have to have luxury finishes - just safe, dry, and warm.

So that brings up another question: Are DC investors and cash buyers going to be more interested in renovating to a high luxury level or would they be looking at the minimum to make the space livable.

Certain brokerages cater to high end / luxury properties in certain areas like downtown Chicago.

There is a lack of inventory for the properties that are luxury because of some uncertainity in the market and the richer don't want to spend right now.

Pools would be the typical #1 worst bang for the buck (with a few minor exceptions, those being in the luxury market).