I am thinking that can be offset by increasing rent periodically at the same rate.

@Tristan Gardner it is the lenders legal obligatin to give you a statement (i think it is an IRs 1099 interest) of how much interest you have paid each year. 

 I think changing from a “don’t rock the boat, keep rents stable for ‘good tenants’ ” mindset to a Vacancies aren’t the worst thing on the planet mindset as paid off in spades.

One of the best things about the Pandemic was it forced sellers, buyers, lawyers, and title companies,... that were stuck in the past thinking everything had to be face-to-face, to modernize so you can sit at your pool and close

I would keep the utilities under your name because if he/she doesn't make the payment who do you think is liable if its under your "primary tenant" name..?

I think right now that's the best use of the money.

Hi BP Community, I have a few long-term rental units, but am thinking about transitioning into the more lucrative space of STR.  

To date I've been able to account for smaller expenses by tying them to a specific property if for example I'd purchased an inexpensive hand tool for a specific project on that property but I don't think that would be the proper way to account for more expensive tools that I bought for the overall business like a new lawn mower or something. 

For me, everytime I think my life is on a straight road next thing I know here comes an unexpected twist and turn.

I’m thinking a less expensive granite vs. quartz in kitchen, maybe not spending a lot on the showers/ glass and trying to finding cheaper cabinets for everything but the kitchen.