I'm already speaking to a real estate attorney and setting up an LLC, I'm also looking to get a CPA that can direct me not just during tax season, but how to best do tax advantageous purchases through out the year.If anyone has any recommendations on a investor friendly CPA in OH I would appreciate it.Thanks,

October and on, things slowed some but that's seasonal and a local management company flooded the market.

If that's the case we should be hearing soon, if they are brave enough, from Morris Invest clients, as many should be in that range now.Both Clayton and Natali are seasoned television presenters so they market themselves very well.  

Learn by doing, too many people want mentors or coaches as a pillow so they make no mistakes.

However, in that rare case of "no-insurance-but-needs-to-cancel," they will allow guest to use that payment toward a future, off-season, open date. 

Purchase price: $385,000 Cash invested: $50,000 Duplex close to the beach in Southern Maine. 7 Month lease in in both units for the off season.

However, be forewarned: it is definitely a university town, meaning that the tenant pool is transitory and seasonal (i.e.; it's mostly undergrad students, grad students, traveling nurses, medical residents, etc.).  

Hoping everyone had a great Thanksgiving and a wonderful start to the holiday season/end of 2022.

With the potential to rent it out to large groups or families in the summer, then split the unit into two in the off season for longer term stays.

@Michelle L Irastorza I’ve not moved any of my STRs over the 30+ days because here in the northeast that puts seasonal stays in the same risk bucket as long term renters and I’m on those long term rentals I am absolutely collecting 1-2 months deposit, full identity check, background check, and a call with at least two former landlords who’s address and lease term are verified before handing over any keys. 3-6 month evictions on long term rentals where tenants pay utilities and leave their junk for you to pickup after they leave are one thing. 3-6 month evictions on seasonal/30+ day rentals where you’re paying utilities and having your furnishings destroyed after they leave are an entire other level of headache.