With the lower tenants smoking downstairs, and the smell of their smoke wafting into the upstairs, we are concerned that smoke smell will turn some potential renters away.I know we need to honor the lease that the tenants were under before we bought the property. 

I was wondering about running payroll through one of the lower-tier LLCs and how it would operate if I made the Parent LLC into an S-Corp.

They get hit, like you did, when big expenses come along. 

Or would you rather have more bookings at a lower price per night? 

The cash flow is good when you actually get the rent and make the expensive repairs to these old buildings but the lack of appreciation really sucks so I’m back to investing in St.

Some will pay to stay waterfront but there are just as many I’m betting that would opt for slightly less expensive digs in a very popular tourist destination. 

Court of Appeals for the District of Columbia on Friday overturned a lower-court ruling from 2023 that had quashed the Justice Department’s request for information from N.A.R. about broker commissions and how real estate listings are marketed.https://www.nytimes.com/2024/04/05/realestate/doj-realtors-n...

We are stuck because my husband makes just enough to live, we've cut every possible expense and really want to acquire rentals but can't find the capital.

People who live in expensive areas often buy rentals in less expensive areas simply because the numbers don't work where they live. 

Location & Demand: Prime neighborhood with high tenant demand, no more than 2 weeks vacancy over 10 years.Strategic Positioning: Rented/sold at market's lower end with a 8-10% annual cap rate.