I do not need a long-term management software, such as, Buildium, Rent Vine, Rent Ready, etc., because I don't need all the extra services they provide; I just need an accounting service specifically for PM.

Focus on risk management and set clear short- and long-term goals for your real estate journey.Good luck!

You're looking at a commercial lease transaction which will bring around $200,000 total dollars over the initial term.

I became interested in real estate in fall 2023.As of early 2024, I don't have direct real estate experience, but I'm excited to learn from seasoned professionals and successful investors.My long-term goal is to be a buy-and-hold investor of multiple properties and to set myself up for a wonderful retirement.Let's connect!

Can't you achieve $1350/mo or more by turning half of it into a long-term rental?

Here is a good forum: https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals

Most of them transition to MTM after the initial term expires if neither party takes action to modify the terms.

If I own A duplex and lease it to a management company that rents it out as a short term vacation rental there is no UBIT?

Personally, we're okay with properties that cashflow decently, but have long term appreciation upside too.

So, again, don't take their track record over the last few months, in terms of investor returns.