This will clarify and reinforce what you are reading.

Question: If you were to purchase a STR to close in November and the seller negotiated that the buyer must honor existing rentals with the current rental company/property management until January of 2025…. 1- does this negate the short-term rental loophole for the 2024 if you aren’t managing it yourself for these months in 2024?

think about how long it will take to recoup all the costs i just mentioned.if you want day 1 cash flow... open a savings account.hope this helps.

Is that true?

My guide is asking this question..."

Hi there,Considering a duplex as your primary home and renting out the other unit is a great idea, but you need to understand how interest rates work in this scenario.When you buy a duplex and plan to live in one unit, you can still qualify for a residential mortgage, which typically has better interest rates compared to commercial loans.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Any legit way around this? 

Any insight from wholesalers or investors in this area would be much appreciated.

Have any of you worked on a project similar to this?