Well good luck!

These can be difficult to finance just an FYI.

Does the STR have to be owner occupied?

You could consider house hacking to reduce out of pocket expenses.It’s definitely an appreciation play not a cash flow play but with the federal government here appreciation is consistent - you won’t get super high appreciation like some places but also don’t get high depreciation as well.

It worked really well for my family at the time and we were able to buy it before housing prices skyrocketed in Utah.

So, my question is that because I am not starting a new FHA, and continuing the one started 2 years ago, do I have to now live in it for a year as well?

These are electric only systems - dont work well in older buildings - but newer construction they should be great.

She may be able to do sales on the side.

I would be interested in speaking with someone who knows their business plans.Thanks!

When you start to grow bigger you will be thankful you don't have boxes of keys.