See link below and feel free to txt me with any questions at 440-320-6299600 12th Ave S Apt 1502, Nashville· 1beds · 1.5bathshttps://apps.realtor.com/mUAZ/xpd4thwh

This is super cool because it lets me be more hands on and save costs while having an experienced builder helping plug in all the pieces. 

Noah told me to introduce myself here, so who am I to disregard protocol.

I put Branson because that is what I am near, but I am interested in lots of areas, mainly Florida.Are rates really so bad right now that a first time STR buyer with 20% Down should not even try? 

Thank you to BP for holding this forum, and allowing me to learn from others.

A few have scanned, but I am still waiting for someone to contact me to sell.

If the agreement doesn't define "income" from the guest, I think you have good grounds to discuss this with them to state, "look, the agreement doesn't define this, and it seems reasonable for me to understand that your 18% is not for costs incurred, but only for the income received"--or something to that effect.

House hacking is a great way to get started.If you PM me, I'll send you my Chicago house hacking guide if you want it.

Some suggest investing out of state for better cash flow, but that's not an option for me at this time.Recently, I ran into a realtor who suggested mid-term rentals to construction workers as a more profitable investment model.

In regards to the sale of their homes, it depends on who owns the homes, how many years it has been their primary residence etc. as it may be eligible for exclusion from capital gains.You also have to take into consideration for yourself, depreciation recapture as well as potential capital gains on your rental property.