If you want directions, you need to tell us where you are, where you want to go, and what your mode of transportation will be.

We are about to close on a 1m multi family in Minneapolis.

Was it hard to obtain a permit?

Management has to allow you to STR, and not change their minds in the future.

I would not sell unless you have another place to move that is basically paid for.

Those areas have higher rents, lower vacancy and higher appreciation.If you manage class A or B assets it’s not awful as most tenants are not professional tenants trying to live rent free for years.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

You presented a perspective I had completely overlooked.Would you still recommend negotiating a lower purchase price vs cashier's check on closing given that we're in a higher income tax bracket and thus capital gains tax could come into play in the future? 

Hello @Tiffany Makiya,Many investors compare properties using the ratio of annual rent to property price.

I'm trying to determine which platform I want to use going forward to start this side business.