I promise, the only people that will truly understand what you are going through are the people going through it with you right now, or the people who have been through something similar.Your friends won't understand, your family won't understand - they can sympathize - but they can only empathize so much.

Since the tenant started renting, the market rate for the rental property has increased significantly. 

They are a nationwide company and they advertise on their website and Zillow.

I'm keeping a list of all the real estate books I need to read in the future and I want to be able to own some commercial real estate properties (large or small) someday too.

HOpe this helps...Educate Yourself: Read books and listen to podcasts about wholesaling and flipping.Build Your Network: Connect with other investors and mentors in your area.Create a Business Plan: Outline your goals and strategies to stay focused.Take Action: Start making offers and pursuing deals.Stay Persistent: Keep learning and adapting through challenges.Good luck, and enjoy the journey!

#1 This website is a great reference point for figuring out what each area is like. https://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code. 

So, hello from the Twin Cities!

I just got off the phone with a real estate developer.

Finally, focus on high-demand neighborhoods and have a backup plan, like renting if the flip doesn't sell immediately.Let me know if you need financing guidance or further tips.Best,Drago

Looking to use the short term rental loophole.If I use the short term rental loophole for my STR, I material participate and do a cost seg study.Can I take the value of the building in the first year as depreciation and write it off against my wife's income?