However, if you feel you don’t need a tax plan that complex, there are tax planners who specialize in working with real estate investors and can help you craft a tailored plan that’s more affordable.

Essentially that's what you described doing, but with the added complexity of the auction process.

I'm curious, what complex did you buy at?

I understand that AirDNA shouldn't be the sole source of data.

It's good to look at data and then your lifestyle, time, and energy to find the greatest city to invest.

Common issues include incomplete data (e.g., missing property taxes or HOA fees), unreliable rent estimates, and the time-consuming process of manually calculating metrics like cash flow or ROI.Platform Preference: A web-based platform would work well for in-depth analysis, but a mobile app would be crucial for on-the-go research and quick evaluations, especially when touring properties.Wish-List Features: A tool that integrates local market data (rental demand, appreciation rates, or vacancy rates) and offers scenario modeling (e.g., "What happens if I increase rents by 10%?")

Additional Details:The property is in a desirable area with good amenities nearby.STR data from AirDNA shows decent revenue potential, but the lack of comps makes me hesitant.I’m looking for a balanced approach that minimizes risk, even if STR performance doesn’t hit expectations.If anyone has experience investing in Cincinnati or navigating markets where STR data is sparse, I’d love to hear your thoughts.

The rules are complex, and unequivocal.

This can range from a few thousand to several hundred thousand dollars, depending on the complexity and size of the project

This is something that even I didn't pick up in my data analysis, and I'm supposed to be the "market analysis guy."