You won't be able to deduct any losses generated by the property, though the losses can still carry forward.

Hello everyone!
I've already done some small time cold call mailers to some local multifamily homeowners in my area. Right now, if I see a house I like, I'll take down the address and search it on my town's portal to...

During this time you are not generating any return from the money invested in the ADU.

It has a lower turnover than STR but can bring in higher rent than traditional leases.Co-Living Arrangements: Renting rooms individually on a month-to-month basis could generate more income than a single long-term lease while reducing management hassle.Furnished Long-Term Rental: A furnished rental could allow for higher rent and attract tenants who don’t want the STR commitment but still value flexibility.Partner with a Local Boutique STR Manager: Some local companies manage STRs with lower fees than Airbnb's traditional managers and could help keep profits up without 20% fees.Hope that helps you with your decision!

The right wholesaler that knows how to properly calculate a SOW (scope of work) to gain the rehab budget, generate an ARV from local comps and not want to get rich on every deal is NOT easy to find....but, they do exist.

I added value to the deal by completing cosmetic repairs, allowing the property to be rented quickly and generating immediate cash flow.

Furnished Finder and the listing platforms as well as email are our lead generation tools and how we receive inquiries.

It consistently achieves 95-100% occupancy as a short-term rental, with nightly rates ranging from $350 to $550, generating substantial cash flow.

It's a really high-energy dog and I don't think they take it out often enough, so they play indoors a lot.

You are becoming distracted and diverting your time, energy and resources away from where it should be spent which is locating and acquiring good real estate and then managing it well.