Everyone has budgets and you are not in the luxury bracket where I would worry about young partiers etc.

If you have specific questions about property management, I'll be happy to help!

Those effected go well beyond the property owners, the economic contribution of RE and subsequent economic loss in the form of: management, maintenance, landscaping, caretaking, hospitality, tourism, contracting, designing, pools and gardening is economically catastrophic and will reverberate well beyond specific zip codes.

Just trying to gauge whether your bookkeeper is overcharging, especially if you are splitting duties.I would be careful with real estate-specific software.

@Ashish AcharyaYou're merely reproducing the IRS position, the one I specifically challenged.

But if you have a cash buyer who is specifically looking for income property, and even more specifically a vacation rental property,  I firmly believe that there is a value add from having a working STR there.

What specific concerns or opportunities are you seeing in your market?

We went over budget in some areas and in others we were under.

They are really the only ones that can give you an accurate answer to your specific situation.

Alternatively, you could split it between House 2 and 3 in a way that covers your building budget for the apartment.