I also noticed changes to my home office deduction.

Also, regarding my comment about treating these a commerical properties - what I'm noticing is that when houses are on the market, they are priced at these higher price points based on heightened rental income (using the 1% rule) because it is student housing, as landlords charge per room.

In Columbus, are there particular property types or neighborhoods where first-time investors most often get caught by hidden costs, or patterns you’ve noticed that indicate maintenance risk before purchase?

I would give them the 3 day notice, then do the lockout.

This is a great post.I was also looking at Packwood WA for STR investments and noticed that the occupancy rate has been low.

I'm cool with spending $300/mo to own this kind of asset, I just have to wrap my mind around my net worth increasing as my checking account decreases.

I'd read your contract with them and give them notice. 

One thing I’ve noticed in working with investors is that a well-prepared deal package can make or break an approval.

Pretty much the ONLY time in history when you could buy Class A rentals and have them immediately cashflow was after the Great Real Estate Crash.Once prices returned to "normal" around 2018, it became very difficult to find cashflowing Class A rentals w/o flipping them to STR or MTR.Currently, our numbers show that it will take at least 3-5 years for a Class A rental to actually cashflow.Class B: 1-3 years.Class C: immediate cashflow, but only if you can mitigate Class C tenant risks.Please DM us and give us at least a 1 week notice if you want to set something up in Detroit:)

Investor sold after 3 years of trying of hoping it would improve 2) another Indiana one not in Indy but nearby county  - dishonest PM never checked on property or tenant, tenant vandalized property and stole appliances and water heater after being served eviction notice 3) Not really a horror story but investor sold 5 Indy properties, kept one for now, too much maintenance and high turnover.