High taxes, a declining population, and an environment that is less than friendly to businesses are important factors to consider.

In the latter case, I would still use QB to enter info provided by the 3P servicer and to maintain my general ledger for the lending business.

I just wish I was doing it for my own business.

Again, thanks for your kind advice and good luck with your business! 

I selected Lewiston for the post as I didn't see an Augusta option, but I do work all over the state.It was my family's property management business that brought me to Maine and sparked my interest in and passion for helping investors achieve their goals. 

I will be able to log the 50% time of business use.

@Michael James Hamlin I'm a former tax accountant/business consultant turned fix n flipper and investor friendly agent. 

At some point your business partner will want his cut (Federal Gov).

We made a lot of mistakes like working in the wrong order and doing work just to keep my employees busy.

The STR model is a different model and where it is at in it's business cycle, the average STR owner is not doing well.