No there is still one person living there right now. 

Typically that's the roll of a business broker vs real estate agent, although sometimes one person does both.   

Hoping to start flipping homes personally as well! 

You may know this already, but out-of-state investors are also sometimes surprised by Texas’ “high” property tax rate (but no personal income tax).  

My first two properties are still in my personal name and I actually need to switch that up finally, so thank for the reminder.Nonetheless, you can definitely still open up an LLC, I just try to avoid putting the cart before the horse.   

However, the value of your labor generally cannot be included in the cost basis for depreciation purposes.Accelerated Depreciation: A cost segregation study would identify components of your property that can be depreciated over shorter periods, such as personal property and land improvements.

Love hearing about the personal goals as well!

Personally I would do a water change after every guest.To decide if the hot tab is a value add, look at your competition.

Hi Kathryn - I personally would have no problem sharing insights if another host or soon-to-be host reached out to me.

My email [email protected] or if you want to work with our customer support team on this or any future issues always feel free to reach out to [email protected]