Currently used as an airbnb Lessons learned?

Currently used as an airbnb Lessons learned?

Currently used as an airbnb Lessons learned?

I need to learn more about tax implications but since we would have been in the house for two years I think renting for 1-2 years and then making a decision is the move.

We learned later that she was asking for a commission on both sides, asking an additional 18k from the landlord’s broker! 

It is low risk because you can use a low money down primary residence loan, you are right there to deal with hiccups as you learn to manage an STR, and if it doesn't work you can just switch it to MTR or LTR pretty easily.

I recognize the invaluable role that lenders, property managers, wholesalers, and licensed contractors play in the success of any real estate venture, and I am eager to collaborate with individuals who share my passion for achieving excellence and prosperity in this dynamic industry.

However, it can be helpful to create an alliance; this requires identification of individual responsibilities together with legal documents and the selection of partners who possess different abilities.

I started looking at individual properties and then began looking at small class B portfolios with 5+ units.

Therefore, put what you learn into Action!