This requirement may be waived if there is a valid Resident Agent (point of contact) located within 25 miles of the Town of Baileys Harbor, in such a case, the owner/operator shall provide a copy of the Resident Agent contract to the Town and notify the Town within 30 days of termination of any such contract. b.

Maybe I was lucky that I have started investing before information became ubiquitous on the internet.The biggest fear (being cash flow negative) is not even a real threat, because it is manageable and it will fix itself over time.

A partnership can do 1031's indefinitely, so no issues with 1031s in the future if you go this route. 

I want to learn how to do real estate.

there are so many forum posts on BP from folks who bought a random property in a 'low cost' market and got crushed by deferred maintenance or challenging tenants.i looked at a few of your other posts. 

Hey @Francis Nunez Not sure how far you are to Rochester but I believe NY is about 4 hours from Providence.

Ask the tenant to smoke at least 10-15 feet away from any windows or doors so the smoke doesn't waft into the neighbor's home.

From what I understand a very good deal in a great location could multiply your returns compared to a less desirable location... just my opinion... 

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

Quote from @Roi Azoulay: Quote from @Mike Sarhan: Hi BP Community,Does anyone have any experience with buying or selling a NYC class B SRO building in NYC and SRO conversion?