(120k total)2nd house we are making a profit of 120k but this  "profit" would literally pay us back for our initial investments into our LLC together we used on the first house ...anyone have any idea how the gov.

We are hoping to see a better market in 2025 with lower rates and hopefully some deduction in property taxes, though.

There will be more wear and tear and multiple headaches with several different renters.

We are unaware of what those DIY fixes were.Within 24 hours of maintenance request, we had our plumber there. 

The sellers says it's just college boys and that's to be expected.He's currently getting good rents...as unbelievable as it may seem and if cleaned/fixed up it could make more as well as increase the value of the property.We own several coworking/coliving properties in the US and Mexico, so we are used to hospitality and properties out of state.However, my questions are;Is this a norm for college students, or student housing? 

While none of these options allow for immediate cash flow on the property (we are on the northern CA coast) the ARMS would allow us to break even.

Why mention the tenant will be responsible for appliance repair above ordinary wear-and-tear?

We have QuickBooks reports going back for 10 years as well that we are posting to this private investors portion of our property management website.

I hired Jenny Yi to design our latest STR in person, she demanded that I pay the full amount of her services upfront, $7,500, which I thought was strange as we are used to paying half upfront and half once it's completed, but proceeded anyway because a couple of people recommended her.

We are trying to get out of analysis paralysis and make our first big move!