Also a way to charge fees for assets under management even when funds are not being used. 

Jorge,Generic answer is that cost segregation on short-term rentals CAN offset any income. 

So if you sold for $340k, you are buying a $500k rental and a $500k primary.

Ramon will say yes to everything upfront, then hit you with inflated charges later—sometimes doubled or tripled—and they’ll basically hold your project hostage until you pay.I’ve done flips in California, Hawaii, and Georgia.

I’m curious about something I’ve seen come up repeatedly, and I’d love to get insight from those of you who currently own or are considering buying in this market (or similar Midwest markets).What is the biggest challenge you’ve experienced or you expect to experience when managing rentals in Cleveland from out of state?

Some areas define it as anything under 30 days; others under 90.Midterm rentals often bypass short-term rental restrictions — but you still need:-Proper lease agreements-Local registration (in some cases)-Business insuranceIf you’re operating in gray areas, tighten up your paperwork.Anyone’s city recently updated their MTR regulations?

There’s definitely a healthy mix of stable rental pockets and up and coming areas showing steady growth.

Why not just turn it into a long term rental with legitimate tenants?

Which leads us to why not charge market rent and give the thousands per year to a charity or your church or your family.

I would connect with good hardmoney, dscr, and conventional lenders that are affordable, connect with 2 good pm companies (find out what they charge and extra fees), get dealflow from your agent.