- Any pitfalls or things to watch for?

Great catch on the AirDNA cleaning fee — it’s a common pitfall, and making sure you don’t double-count expenses is key for accurate cash flow projections.I’m curious — are you mainly focusing on single-family STRs, or exploring small multi-unit opportunities as well?

If you choose to use this technique these are some of the Pitfalls to watch out for.Subject To Pitfalls1.

It’s a strong strategy but also full of pitfalls, so you need your CPA’s guidance on what hours count toward participation and how to stay compliant, especially in case of an audit.

Yes, I assume you will use tenants in common hehe.

Flipping has too many tax pitfalls and there are too many unknowns - tariffs increasing prices, Days on Market, declining sales prices, etc.

Private space vs. common area.Private bedrooms rule all.

I'm currently trying to sell a triplex in Chattanooga and am realizing that a triplex is not as common as I might've thought to a traditional buyer.

., a tenant-in-common (TIC)—so you’re exchanging real estate for real estate.

Only thing I am worried about is the possible higher vacancy rate as i’m not sure if this is something that’s common especially at USF.