This means building a budget that includes setting aside funds for your next investment.

Keep in mind of the I/O(payments/period) and game plan on how fast you'd like to pay it down. 

Learn everything about real estate like it's your favorite video game and show your wife how passionate you are and how much you believe in real estate.

If anyone could include what to look out for in a good deal and a bad deal

That said, you deserve a management team that treats your properties with the same level of care and attention as they would for larger clientsI’ve heard from other investors that finding a great PM company can be a game-changer.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Unlike long-term rentals, STRs can be treated as non-passive, allowing depreciation deductions, including bonus depreciation (40% in 2025) on eligible assets.For tiny homes, tax classification matters:If mobile, it is considered personal property, allowing 100% depreciation under §179, subject to income limits.

So far, my normal guy has quoted me $15,000 for labor, trash and debris removal and equipment rental (no materials included).

Send a document once and ensure it includes a deadline for their response and a consequence for failing to respond.

However, I notice that Personal Injury is not included and I'm thinking that may be important to have for a Short Term Rental.