As far as a general STR strategy, a nice 3x2 house within an hour of a major attraction is not too much to manage and can drive a nice nightly rate if you go with high end design. 

Overall I like the program but agree people have too high of expectations and think it's a magical tool that solves every problem.My favorite is when the annual inspection comes through with such detailed line items like "fix door".Literally doesn't tell you what needs to be fixed, what door, etc.

The Lake Tahoe area is popular for STR and is highly competitive yet some people do make it work. 

I highly recommend Weiming Peng with Excel1031.

rents are higher here by far one of the most expensive markets to live. lease price per square foots can go as high as $8 per square foot. if you live far away it'll be cheaper or you'll be living in a older unit. depends on your budget really 

My husband started a business recently so income isn't steady and my income is on the lower end and we are struggling to cover our expenses since we have so many high interest loans.So my question is like this:1.

going to a flooring store and getting a quote, or sending my handyman some photos and asking for a quote, or going to Lowes and totaling up the materials.but don't worry about making a rental HGTV quality. 

I'm looking at a portfolio that has a high percentage of the POH's on seller financing terms for 7 to 9 years.

My wife and I are tossing around the idea of selling our current home and buying a duplex, moving into the vacant side so we can purchase with less money down and begin our investment journey.here are the details:Sale Price: $250,000both sides are 3 bed 2 bath with one car garagethe listing says the occupied side rents for $1,100location i would classify as high C low B, mainly because everything around is rentals.2853 Hemlock Ct Cape Girardeau MOThoughts, Advice would be greatly appreciated!

I own and operate a high-end full service remodeling company in the Phoenix metro area.