Outside of my principal & interest costs, here are my monthly expenses:Electric: averages $300Water: averages $50 (including irrigation water for lawn)Management (includes weekly pool care, trash cans out & in, pest control): $280HOA: $52Property taxes: $400Insurance: $325Lawn care (weekly): $100Florida STR license: $15Niceties (internet, tv services for guests): $100, and this is generous as I include some stuff I pay for from my own house that would cost more if I didn't. 

We are at likely record high price to rent ratios (like much of the country) without much upside on rent growth in the mid-term paired with steeply rising taxes, financing, and insurance costs.

It will be self managed, I will be near the unit (less than 5 mins away) to clean and take care of any issues.My numbers:Approx Value of Home $240-280kCurrent monthly cost / $860 mo (mortg,ins,tax)Utilities / $250. mo (elec,gas,water,trash,internet)Cost to run as AirbnbApprox monthly cost with STR insurance ($250/mo?)

It depends on the area for the STR/MTR.

Is it better to pay income tax or not?

API connected, if you only have Airbnb guests for a month and Airbnb supposedly paying the state taxes, when you submit your monthly State tax form, do you enter ZERO in the transient rental box?

- Property taxes and insurance costs are $101 per month- Down payment is 30% on a 30-year fixed rate of 5.5% interest- Monthly rent is $995 monthly- Closing costs are $5,500If you have this information when considering purchasing a property, here's what you'll get if you type this into ChatGPT:"To calculate the return on investment (ROI) and monthly cash flow for the property purchased, we need to consider several factors:1.

Hi,I would be interested in possibly joining depending on day/time this would take place.

You could consider acquiring a second mortgage against the dental office to potentially achieve a blended rate of sub 6.00%, depending on the amount owed on the building and the amount you're looking to take out.

Make sure to factor in all expenses, including property taxes, insurance, maintenance, and property management costs.Once you've found a suitable property that meets your criteria, make an offer and move forward with the purchase process.