They are not allowed in certain master planned communities.Summerlin, including Sun City Summerlin▪ Town Center▪ Skye Canyon▪ Cliff’s Edge▪ Symphony Park▪ Grand Canyon Village▪ Las Vegas Medical District▪ Providence SquareAnd these restrictions I find would be the most difficult for you to overcome - A short-term rental license does not provide authority to violate any common-interest community’s covenants,conditions and restrictions (CC&Rs).

Some may say… this is too much work… or too difficult to do…  Well, if you don’t like this type of work or industry… simply don’t do it. 

I suppose in the long run it would still be worth it, but it seems difficult to swallow the fact that I’d be “losing” money for awhile instead I making it! 

Unfortunately many of the improvement costs do not deviate greatly when you’re renovating a lower cost property  in a particular market compared to a more expensive property  in the very same market which makes it difficult to absorb the improvement costs in some areas.

 But he said that he wants to replace his half a million dollar career with passive income.

Right now the market isn’t that great but I could see us looking to purchase a multifamily duplex however, in the current market, I’m finding it difficult to be able to have one tenant cover the cost for that property to break even.

Couples who fight through difficult times end up happier and healthier.

I think this is doable with my midwest market, but difficult with current borrowing rates.

Getting cash flow is much more difficult today, especially when putting around 5% down.

The moral of the story here is that vacancy is so low right now, especially in Tampa, that it is very difficult to get flexibility with your lease.