Even if the ARV is the same and the rent is the same, if adding an amenity will attract and keep better tenants longer you could still end up ahead.

If you have an existing property that you've been renting out long term and want to switch it over to an STR to take advantage of this, is the IRS using the full calendar year to avg out the 7 day avg stay?

First, one of your tax returns has to be flagged for an audit.

Air Conditioning, if an city is hit or miss with A/C units does this play a large factor on rent and/or property values?

I just spoke with an investor this morning who lives in Lakewood Washington.

Hi Everyone,I have an investment property generating 1.7k per month at a 2.5 rate which I plan to keep forever.

However, having an organized set of books in QuickBooks will allow you to more easily answer questions outside of your day-to-day operations, like "how much will I owe in taxes this year?"

A couple of years back I read an article regarding what was called the donut effect when it came to major cities.

You should speak to an real estate lawyer before purchasing this property. 

It makes the review of the rental agreement interesting and helps the tenants remember the terms.One of our tenants rented an apartment from us for several years, moved away for some years when they needed a bigger space, then moved back to our apartments when they needed a smaller space again.