Realtors, what was the hardest part when setting up your CRM? Was it picking the right one, learning how to use it, or getting your contacts in? Would love to hear what you went through.

I invest in Ohio, mainly in small to mid-size multifamily, and building systems around deal analysis and team coordination has been a big part of my approach. 

On the short term rental side, there's tremendous tax benefits assuming you're able to properly 1031 exchange.

It requires much more active participation, coordination. 

.• I’ll coordinate inspections, repairs, and deadlines.• I’ll work with your lender so you’re ready to close.• And I’ll be the one communicating with the corporate seller — which can be a maze if you don’t know who to talk to. 

> As long as its marketed properlyCan you say more here - how would it not be marketed properly? 

What was the hardest part about setting up your CRM? Was it choosing the right one, learning how to use it, importing contacts, or something else? I’m interested in any struggles, big or small, that you ran into.

Let me break it down for you in a more conversational way:If you and your spouse are currently limited in how much you can deduct from your long-term rentals (LTRs) because of passive loss limitations, adding a short-term rental (STR) can potentially open the door to a completely different tax benefit, even without qualifying as a full-fledged real estate professional.Here’s how it works:The IRS treats STRs differently if the average stay is 7 days or less—these aren’t considered traditional rentals, so the income (and loss) isn’t automatically passive.That means if you can prove material participation—like doing most of the guest communication, cleaning coordination, pricing, etc.

You’ll be learning everything in real time: tenant management, maintenance coordination, and unexpected costs.Early on, you’ll likely need to rely more on professionals for repairs, and those expenses can add up quickly.

Also consider decent yard sign ($100).Use a Transaction Coordinator ($400-$500) to assist with paperwork.It's not nearly as difficult as some make this out to be.