You are going to spend the next 6 months house-hacking and seeking your fortune as an agent. 30 years from now, you won't thank yourself for staying at the job another few months.

Fortunately, there is an easy solution to your problem.

We specialize in STRs and u fortunately, the vast majority of accountants screw this up, costing investors serious $.Point them to the 469 Regs and January’s CCA memo.

They typically fail in August at the worst time and you will pay a fortune for an emergency replacement

If you have a loan your paying a small fortune in interest.

Fortunately, I work with a couple of contractors, so I usually have a back-up if the other is busy.As most have noted, it's best to visit before you focus on a location.

We have currently 3 properties:our primary single family home, almost paid off with abut $750k in equity; plus $185k heloc with $115 to spend;a $1.3M vacation home in Hawaii that we've been fortunate to have a 6 mo long term rent during covid, $100-200k equity, and a great track record for airbnb (when it comes back);a great one BD condo (with huge HOA fees)  in urban downtown area with water views with long term renter that we are just breaking even mo to mo and about $125-150k in equity; $500k value, $200k mortgage still dueWe want to buy more properties to rent both short and long term depending on markets.  

Fortunately I learned about short sales and took that road when she abandoned the house being it was pretty much the only option I had.

Fortunately, BP's STR Bootcamp offers great insight into these markets and helps you decide which ones are ideal for investment.

Fortunately, they were able to keep the house when everything went crazy in 2008, but now it's coming back to haunt them.