Quote from @Megan OConnor: I am new to investing and we are thinking about a STR in Ludlow, VT.

Despite the storms in W FL we are seeing YoY rate and occupancy increases 24-25.  

The previous owner had it listed with them for weekly summer rentals.

While Im not currently seeking distributions (we are in series B shares - those that participate in the upside and "may" accrue), they have made distributions and we are simply building another cash reserve.

Over the summer my wife and I bought our first condo with the idea of renting it out later on down the road and kicking off our investment journey.

We are about to put in $15-$20k of our own money into it, beyond what insurance covered and I need help deciding how we should finance it. 

However going into the summer my bookings have slowed down, i do not currently have a pool. 

Cabins do great in the summer time for this area.

The property was purchased in 2021 for 1.1 million, was appraised in the summer of 2024 for 2.2 million, and reports from online appraisal websites say it could currently be around 3 million.

Ensure you have an itemized invoice from the cleaner, which can help justify the deduction.Reasonable Deductions: Long-term tenants often leave normal wear and tear, so I recommend being lenient on minor issues.