Never thought I would be doing STR.Challenges include(d): shortage of help, booked out contractors, distance, lumber price hit, product shortages and back orders, blowing my budget.Sacrifices: camping out/sleeping in rehabs.

Property taxes are the product of the assessed value time the tax rate.

There are some local lenders with great products for what you are trying to do.

This iso board is several inches thick (styrofoam type product which is covered on both sides with a fiberglass type material).

@Art Webb, When the property has been the product of a 1031 exchange you have to have owned it for at least 5 years to take advantage of the 121 exemption. 

Hey @Todd Rasmussen, I'm Justin with the BiggerPockets product team 👋Thanks for the hilarious meme 😆 but also the feedback, could you say more about that?

So naturally, the Scarlett method begins when your purchase a single-family home.

The vacancy rate concerned can be mitigated by providing a great product at a reasonable price.

In addition, you'll have up-close access to nature in your own backyard - providing you with beauty and inspiration just steps from your front door!

Construction and renovation are never going to go perfect, it is the nature of the unknown - but communicating what's going on seems to be difficult for most GCs.I would be very aware of the payments you've made and be sure not to overpay - that is really your only leverage.