But, since you're looking to buy a primary residence in California, this might not fit your plans right now.Structured Installment Sale: This is a way to spread out your profit over several years by receiving the payment in installments.

Consider your long-term plans and local zoning regulations carefully to make an informed decision.Good luck!

The plan is to conduct mold inspection and remediation after the tenant moves out and then re-rent the property.

If you are planning on investing in Maine, make sure you work with one of us realtors that understands investing and knows the local market so we can advise you properly.

I am planning to perform a cost segregation study on the STR's I have purchased to take advantage of the bonus depreciation rules currently in effect to offset the tax consequences of leaving some $$ on the table coming out of my 1031 exchange.

I'll go as far as to tell my tenants, "hey your new rate is $1200 per month but honestly I plan on advertising it for $1500 if you plan on non-renewing."

Before buying I'd recommended looking at meeting minutes for the HOA board, look at financials, and talk to residence about the STR environment.

The city plans to also create a "downtown" space just south of there within the next 10+ years.

Hello BP -Has anyone had any experience utilizing Host Financial for financing your STR or LTR properties? 

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.