Hi,Need some expert inputs if it’s worth the investment needed to convert my current property to mid term/ STR with fully furnished.I have a property right opposite to UT Arlington .

Of course you could put it a guaranteed bank cd and make over $300k so make sure the juice is worth the squeeze.

About that $55k option to redo the foundation, I know it sucks to even think about shelling out that much, but if it saves you from future problems, it might be worth considering.

And you would only qualify for that if your primary job (where you spend the most hours) is in a real estate field, but also it has to be at a business that you own at least 5% of (so W-2 income typically doesn't qualify). 

Unless the condo is extremely AND you can easily rent it out, I don't think it is worth taking the risk as a first investment.

@Kiley Boss definitely worth not missing out on opportunities.

I would typically consider normal wear and tear, unless there were repeated attempts to mount the TV unsuccessfully, such as missing the studs multiple times, which I have observed on numerous occasions.

We are considering getting into STR with one of our properties in the Murrieta/Temecula area of southern California.  Our experience is with LTRs so we are a little hesitant to do a STR given the uncertainty of the mo...

You'll live in a construction site for a few months but it's worth it when your young.

We typically have an operating budget of $600-$700m in the county of Maui.