What you want is, as they say: relatively simple, but not easy.

Regulations & Compliance: What's the best way to research local STR laws and avoid potential regulatory issues?

The issue was a person sold their home subject 2 and the person who bought it stopped paying.

So far, I haven't had any issues renting my unit.

Premiums in Iowa, Minnesota, Montana, Utah, and Washington jumped by more than 20 percent.The insurance situation is especially serious in California and Florida.In 2023, around 7 percent of realtors saw deals fall through due to insurance issues, with the share jumping to 13 percent last year as of October, according the California Association of Realtors.

I do own two triplexes in Scranton, and I will say the one issue is that you are going to be taking care of the utilities normally if they are not on separate meters, which could take a good amount of money away from your overall cash flow. 

The IRS views this as a related-party transaction, and deductions like rent paid to yourself wouldn’t qualify.

So far, it’s going really well, and I’m glad we made the shift.For me, the decision wasn’t about issues with self-managing but more about freeing up time and mental space to focus on the next steps in our investing journey.Curious to hear others’ experiences as well!

The only issue is the interest rate is 7.125%.

Expenses Paid by the SDIRA: All property-related expenses (e.g., repairs, taxes) must be paid directly from the SDIRA.3.