Just like a contractor with his tools, truck, scaffolding etc..

In terms of taxes, this is what I got from my CPA< but i dont think its still right, seems VERY high.

Hopefully the high season does well.  

There are benefits and drawbacks to a high vacancy rate in the rental market.

I'm assuming this mostly depends on the quality of the GC and his communication skills etc. 

I am a 25 year Real Estate agent in SoCal (mostly residential however venturing more into commercial; and getting back into investing in other states as well, which will be my next post) I have tried quite a few lead services and while some may do better in other areas of the country , most seem to a flop in this area, of those tried HouseJet, Reaology, USHud and Realty Bargains( Realty Bargains was the best however they kept sending me mostly investors who's matrix would not pencil in the areas I serve)  I am doing my best to figure out social marketing, my views/impressions are good however that has not turned into transactions as of yet; So I am on the hunt for a 3rd party lead co with quality Seller leads.

You can mitigate by splitting sales over two years (which is what I did, end of 2021 and beginning of 2022, both great times to sell btw ;) Then I paid off all my debt on my keeper properties, thus maximizing rental income with fewer and better quality properties remaining in my portfolio.

At $200, unless its almost new or a high end stove, you may want to consider a new one instead.

We have a lake house that rents for the same rate as a hotel in the area, therefore our occupancy is super high. 

Section 8 is a tool for landlords, NOT a cure-all.Yes, a landlord can sometimes get higher rent via S8 than they can from cash paying tenant, but only in Class C- and D areas.