I am doing a ton of reading, but I feel I can be doing more.

I am in the process of settlement on my 1st property in 1 week. i have a 5% down conv loan thru a credit union bank. this a duplex and is a row house. i plan to live in one unit and rent out the other. the seller is also selling the duplex property next to it.

With this new reality it is imperative that buyers are aware of these expenses prior to submitting offers on homes; they should also be aware of the risk that these costs can appreciate aggressively.https://www.nbcnews.com/news/amp/rcna163853

Some of this might be do to seasonality (I don't have anything to compare to because I started marketing on FB about 9 months ago). 

Just to use as a starting point to estimate costs?

Was curious to see if anyone had any experience using them?

(My assumption is it may be tough to prove enough material participation if using someone local to manage.)Two things worth noting:1- I'll be discussing with my CPA in-depth soon, but would like to hear other's experiences on this.2 - The main reasons I'm looking to STR's is the tax benefits (Cost-Seg) & appreciation that comes with buying in these areas opposed to the mid-west where I look for long-term rentals..

What are you thinking about when you see this deal?

I'd much rather read concrete stats and newsworthy items, but instead met with what seems like a covert shill.

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