Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

As a first-time investor, I suggest looking for turnkey rentals in high cash-flowing states (mainly the Midwest).

Property is rented for $100 over the avg for the C+ area, which already made me suspicious, but when running the numbers, it still cash flows even if I assume avg rent for the property.

I agree the cut from a typical short-term rental manager is a good chunk and I doubt we will cash flow much if at all with a PM depending on their % take.

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion

If the property positively cash flows even a little bit or close to it where once rents go up over time with all three rents and all the expenses then I’d say go for it.

Another consideration is that you already have some protection due to the loans on the properties.

My goal is to get more cash flowing properties to start.  

Here are some questions and considerations I have:Understanding Subto Financing: Can anyone provide a clear breakdown of Subto financing, particularly from the perspective of a first-time home buyer?

with all str tight restrictions,  how is it possible to have a cash flow either str or ltr in hawaii ?