There are a couple of reasons behind this inclination: firstly, I'm drawn to the intricacies of data analysis and crunching numbers inherent in the investment process.

For real estate investments with irregular cash flows, XIRR is generally preferred for its accuracy in measuring the true rate of return.

The saying when it rains, it pours couldn't be more true for some of days running 17+ STR properties.

The tenant acted to resolve an unsafe situation that, rightly or wrongly, he had reason to believe you were not taking seriously.

One of the reasons my dad prefers this path is because he only stays in this house once a year for a month or two.

With this being said, unless there's a specific reason for mom needing to be removed from title (i.e. social security benefits) it may be more prudent to pursue placing the home within a trust with your husband named as a primary beneficiary.

Hi Behzad, It is true that with the recent increase in interest rates has made it harder to find cash flowing properties, but there are a lot of different variances that affect the cash flowing possibilities of an investment. 

This is not true for lower-priced commercial properties.

There has to be with STR a reason your guest would choose you over somebody else in order to have the consistent occupancy rates you need to justify the investment.

The reason I mention this is there may be a time constraint on wanting to complete all aspects of this transfer of tax basis prior to the election.