I also am very interested in purchasing more STRs, and this is a really low risk way to see if I'm up for it (we have a 2.9% interest rate on our mortgage).My biggest concern is an ongoing plumbing issue we have had.

From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action. 

Quote from @John McPherson: Looking for tips on the best way to sell my Rented Homes in 1 transaction .

El-ErianSun, January 10, 2021)) Mostly, I see a hint that it could result in rising interest rates.

Since fix-and-flip income is classified as active income, taxed at ordinary rates, this setup helps minimize overall tax liability.To protect both members, draft a detailed operating agreement outlining roles, ownership percentages, profit-sharing, and an exit strategy in case the business dissolves.

Quote from @Sean Kirk: I'm seeing what seems to be 10%+ cap rates on roofstock.

You can then rent at market rate but have to register it with the town annually and abide by their annual inflation rules.

New inventory and relisting rates have actually declined month over month which is allowing to pricing to remain elevated.

I think working with an architect to build something really unique and custom is always the best move if you have the budget for it.

At any rate, I saw someone trying to explain how the @... works yesterday and I tried, but I really couldn't figure it out.