Point being the "this time is different" mentality, is a common theme which can get people in trouble. 

SD is the long term play and through appreciation you'll experience large equity boosts over time.

Stock buybacks are also a common way to falsely boost earnings per share without a corresponding boost in actual earnings.

The "no free rides" mentality is what i'm beginning to develop as I realize how everything in life costs money and that only hard work can make you successful!

If this happens, it will be a big boost as well.https://s3.countyplanning.us/w...Why is it complicated?

Rates have been trending down in the area since the covid boost finally started to level off, while home prices have not. 

You can offer discounts for weeklong and boost occupancy, or keep rates high and have mid-weeks empty.A couple of other quick observations - thanks to fracking, we have abundant natural gas in Penna. and may homes have supplemental propane. 

It's a logical fallacy to suggest that the CPA must also invest in real estate because that will give them a boost in knowledge related to real estate tax law somehow.For example, how many owners of restaurants are "looking for a CPA that also owns a restaurant." 

As an investor myself building a property management company build for investors like you, I approach the business with a win together mentality and look forward to supporting your success.

As you're already used to "dry" periods, you should be well poised for flips financially and mentally!