Keep in mind this way you will need funds for the down payment, and to buy your partner out.You need to get the LLC out of your head.

I know self-managing can save money, but I'm willing to consider the trade-off for peace of mind (especially at first)STR Permit Worries: My property is in Tobyhanna Township, where whispers of an STR permit freeze loom.

Leverage the 0% down payment, but be mindful of funding fees.

But these were the biggest lessons I could think of to date, where I'd go back and tell them to my younger selves.Couple tips...SURROUND yourself with like minded individuals! 

They changed their mind real fast when they realized they not only had to pay to repair their property but also mine and the other neighboring property.

So, given that you are a general contractor and master electrician, the obvious strategies that come to mind involve physical rehabs of a property.

While you look around and come up with ideas that fit you, more actively be sure to think about smaller baby success steps.

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

are you and your partner both listed on the deed - this is tenants in common where each person would report his / her share on his / her return(assumed unmarried partner)If the property was purchased through an LLC, there may be a separate partnership filing obligation(assuming unmarried partner)Also be mindful, that normally only one person can take advantage of treating the STR as an active property on their return.

I’ll definitely keep this mind.