definitely agree.

Today though, we are in a high priced environment with expensive money.  

I found a house that I think has potential - AirDNA is estimating 62K/year at 63% occupancy and $273 a night; however, I spoke with a Vacasa rep who thought those numbers were a little high.

I live in Northern NJ and as I mentioned the barrier of entry for me in NJ is too high.

She threatened me that if I don’t give her a full refund she will definitely give me a bad review.

This may inherently allow an allowable offset of PAL, when ordinarily the cost seg depreciation would be subject to some possible suspensions.Three things to be HIGHLY aware of if one pursues this route.One - he did note he has $0 of tax basis in the S-Corp. 

Speaking just about Colorado...It's has definitely gotten harder to cash flow in Colorado Ski Resort Areas.

At this point I will have pick up about $450K in appreciation after sales costs, but that is before taxes and I am in a high bracket. 

In FL, I would definitely be interested in rehab projects.

I've seen many 20%+ returnsYou definitely need a new PM if they aren't doing well.