Outside of the opportunity to build my knowledge base on how things flow from an investment standpoint, I am given the opportunity to do something in advance before me clients.

Based on the information you provided, I'm operating under the assumption that you have a single-member LLC whose activity is reported on Schedule C of your personal income tax return.I hope that helps and best of luck with your rental property!

In 2023, Forbes recognizes 7 of the Fortune 500 companies which are based in Saint Louis.

Now its mass movement of people away from states with year by year changing bad weather, turned economies like those states that were depending on the USA developing its own oil based power (I WILL NOT STOP FRACKING said Slow Biden) states that are fill with Marxists driving the true patriots out to Texas and other patriotic states, etc.

Having centralized AC could be a big benefit to your tenant base which could improve rent.  

Beyond Real Estate:I love traveling, meeting new people, spending time in nature, seeking adventures, learning new things, and always up for sports (playing and watching).Super pumped to dive into discussions, swap stories, and learn from all of you.

If you think it will make sense as a 3 bed based on LOCATION, LOCATION, LOCATION then you should be able to buy it.

So, look at comparable rentals to see what you believe market rent is and base your decision making on that.

They can provide personalized guidance based on your specific situation and goals.

I've done a few dozen flips, a couple spec builds, bought and sold 3 short term rentals, bought and sold 2 long term rentals, and bought and sold a few commercial deals.I love what I do but the lately I've been craving adding something else to my plate that is more service based (but still related to real estate).