It depends on what upgrades you're planning to do, but in most cases you have to wait until the tenant vacates. 

Depreciation rules for the two definitions are different.A short-term rental (STR) is a dwelling unit that is used on a “transient” basis.

Being able to tailor terms and close quickly is definitely a game-changer, especially when traditional lenders can’t offer the same speed or options.I’m curious, what kind of deals are you focusing on at the moment?

I am a new wholesaler in Phoenix, Arizona and I am trying to find the best information on how to be successful in this business.

I'm new to real estate investment and looking for advice on rental investments in Massachusetts.

Our landfills would fill up one day and we would have no where to live. 

@Gregory Schwartz has great advice on the approach.

Here’s a bit of background on my situation:I currently own my home, and my monthly expenses are about $2,000.

When it comes to reporting this income, beyond the importance of being truthful on taxes, a few key questions arise:Are there any advantages to reporting higher rental income on your 1040?

Opt for a property management company with deep regional expertise to get the most out of your investment.Property Expertise: Look for a firm that has experience managing properties similar to yours and is familiar with your asset class’s specific challenges.Company Culture: Choose a firm with a customer-focused culture that values team management and service, as this directly affects property performance.Market Reputation: Speak with local brokers and visit managed properties to get a sense of the company’s track record.By focusing on these factors, you can find a property management company that aligns with your goals and delivers real value.