My listing needs to stay private, so I’m mainly looking for strategic guidance from folks who’ve successfully navigated similar HOA constraints or tight rental caps.If you’ve dealt with:• HOA-managed rental waitlists• Navigating rental caps/quotas• Private tenant placement while staying compliant• City permitting requirements tied to leasing…I’d love to hear how you approached it.

The IRS still treats those payments as rental income (which you can still strategize around through deductions, depreciation, and other tax planning), no matter what label you put on them.

.- Network strategically. 

But for most companies this range is both practical and strategically sound.Let us break down what that actually means and why the percentage matters more today than ever.Why Two To Ten Percent Of Revenue Makes SenseTwo to ten percent of revenue is not a random figure.

I would make sure you are using that cash flow strategically, as Rick suggested, and pair it with tax planning to make the most of both your money and your deductions. 

They can help you strategize and are responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck and happy to answer any questions. 

In the Midwest, we often see similar old homes where phased renovations allow investors to manage cash flow while still building equity, and keeping rehabs strategic helps avoid overcapitalizing upfront.

Flipping notes instead of properties seems like a quieter, more strategic way to profit in real estate.For those who’ve sold notes, how do you determine fair pricing and what platforms or networks do you trust most?

This information isn’t just for tax season; it’s critical for making informed, strategic decisions about the portfolio as a whole.

While STRs can be more volatile, a well-chosen property in a strong location, especially near a college town or high-demand area (like the beach or mountains) can offer both cash flow and tax advantages while you gain hands-on experience managing a property.Good luck if you do decide to invest, there still are plenty of opportunities out there if you strategize and figure out what works best for your situation.