If this happens, we will likely convert the property to a furnished or unfurnished LTR.Due to Airbnb and VRBO now requiring short-term licenses in Las Vegas for properties to be listed on their sites, unlicensed properties may turn to renting their properties out as mid-term rentals.

You've learned the hard way that gurus with their expensive courses are generally not needed to have success in real estate.

I have been interested in investing in US real estate for quite some time and have spent the summer reading books and getting a bit more familiar with it all.

Hey everyone,As someone actively involved in funding real estate deals across various states, I’m always interested in hearing how other investors are securing their financing.

Realistically I would reach out to a good real estate friendly CPA. 

The real goal is capital gain, and future cash out refinance.

Furthermore the local experts can confirm the following: (1) the use is allowed, (2) the use requirements can be protected by permitting and licensing and (3) the permissions are transferable through a sale.

 Would anyone invest, or has anyone invested in Portsmouth, OH, or around that area? I have been looking at houses there and I noticed that there is a College there as well. Do you think it would be wise to invest here?

Did you have people like a real estate agent, contractors, bookkeepers, a CPA, and all of those other roles already on your "team" or did you just purchase the first property and find people for those roles as you went?

It is neither right nor wrong, just a big change.If you go all-in on that route, you will be paying a bit more and have all of your real estate time back as you will have much less involvement.