Focus on finding a great first property with good bones and solid rental potential.

We saw the potential in STR and understood location placement to maximize yearly profits.

I'd deeply appreciate any recommendations you can share based on your experiences, as well as any tips or potential pitfalls to watch out for as we navigate this expansion.Thank you all in advance for your time and insights!

My exit buyer is always a homeowner, not another investor.

This will ensure a steady pool of renters and potentially boost property values over time.

In the short term rental loop hole there is no loss limitation and that has the potential to be your best option for offsetting W-2 income.

Let me know.Im looking for my buyers in tampa, orlando and Jacksonville mainly.

Reversion or exit cap rate is simply the implied cap rate your end buyer will demand at sometime in the future.

I have a potential deal I'm eyeing and have some questions about how the transaction and specifically to this market. 

@Erick AcostaS-Corp can potentially save you on payroll taxes.There are costs associated with the set up of an S-Corp(election costs, payroll tax return costs, income tax return costs, etc).It only makes sense when the savings of the payroll taxes will be more than the administrative costs.You should definitely consult with your tax advisor on if it is right for you.