Yes you need to have an accountant to file your taxes for you at the end of the year.

When I got tenants in, I aggressively built up a $15,000 reserve before I gave myself any breathing room.Nowadays, I make sure that I have $15,000 + $10,000 per property stocked away in a high yield savings account.

My annual income is 20k yearly.

Some of your numbers are monthly and others are annual.

Account ClosedI like that you brought that up.

Those two platforms have no booking fee and charge an annual subscription rate to advertise your STR.

You can often call the utility company and get the past monthly average for the two years which might help.2: be sure to account for exterior maintenance including snow removal.All that said, if you are this far into evaluating, go take a look and see if it is something worth pursuing further.

I know I've read on here of accounts of folks refinancing multiple properties they already own into a single portfolio loan, but I don't know if that's different than trying to do so at the time of purchase.

Just a heads up, it's only a $16 difference between CFRI and GOREIA for annual memberships by the way.

I would also like to drop another 5% of ARV to account for risk to get the all in cost to 65% ($130k).