Am I missing out on other steps or opportunities that could help me achieve my real estate goals?

Hey, that's a great question and definitely a smart one to ask when you're diving into the details of STR (short-term rental) investments.Let me break this down from both a tax and practical standpoint based on what I’ve seen with clients in similar situations.

For new investors, would you recommend focusing on short-term rentals or long-term rentals?

Your tenant rents from you based on a rental period (ie. a yearly lease).  

Bottom line up front: how much time is too much time for visitors?

I have a lower priced 4 unit ($265k value) that is held in an LLC and am currently paying $2200 a year on it.

Anyone have any knowledge with the Housing Community Department?

@Dirk SingletonIf you are looking in Cleveland I would recommend checking out areas on the West Side of Cleveland like West Blvd, Cudell, Old Brooklyn, Clark Fulton, Edgewater, Jefferson, and Brooklyn Centre.

https://www.har.com/content/department/mlsHouston Real Estate Highlights in September, 2024:-Single-family home sales increased 1.7 percent year-over-year;-Days on Market (DOM) for single-family homes went from 45 to 51 days;-Total property sales were down 3.3 percent with 8,228 units sold;-Total dollar volume was statistically flat at $3.3 billion;-The single-family median price was up 1.1 percent to $335,000;-The single-family average price edged up by 0.3 percent to $415,435; -Single-family home months of inventory registered a 4.4-months supply, up from 3.4 months last September.

I need to do/create a notice of eviction for a person not on the lease, staying with the person who is on the lease.