Plus none of us want this part of the tax law eliminated because some eager beaver IRS person keeps hearing of this "STR loophole" and decides to take steps to either change or get rid of it.

There was room on the deal to make a few mistakes and we certainly did along the way!

And I like to think I helped you not make a HUGE mistake by investing in South Jackson MS which is simply unsustainable for OOS investors 90% of the time regardless of contractors.

Hi Raquel,You should consider closing these as two separate transactions to eliminate a potential partial release fee in the future.

I try to find out what expenses can be eliminated, decreased or offloaded to the tenant instead of just rely on rent hikes 

There is more room for confusion and mistakes.

You can't calculate it like that because you are going to make about 20 percent of mistakes buying on your first 5-8 properties.

Looking back I made some clear very expensive rookies mistakes and learnt them the hard way.

There’s simply no room for mistakes that can be easily avoided.Did this article help you?

I tend to agree, I hate to lose all of my passive income just to eliminate my primary mortgage. just out of curiosity, what makes you say that an HOA is a hindrance?