I want to let you know that there is a short term rental forum, where you can chime in on things that have worked for you, or ask questions of folks who have similar successes and challenges with STRs.  

They aren't that expensive depending on the style and design of the kitchen.So locally here in Western WA there are always companies closing out slabs of granite or quartz really cheap.

Plans are underway to add a high-demand ADU, increasing cash flow by $900/month.

I love helping people, but I don't spend much time helping those that don't even bother to update their profile.Welcome to BP!

There are several different methods that could work in the area based on how much your budget is.

Here's a framework that you should know for tax planning:The further you can push your taxes out, the smaller they become.The time value of money shows us that a dollar is worth more today than 20 years from now.Planning is used to kick the can down the road, and make sure there will be available cash to pay the tax!

So the property I bought had previous termite damage and we are having it repaired and treated however.

Okay great, that's really helpful thank you! 

As long as it is your primary residence and you aren't renting it out when you are not there, you will be fine.

But man, once he got that first deal under his belt, he couldn’t believe how much easier things clicked from there.