Some lenders will also still do conventional financing depending on how many properties you already own.Since you already have an STR and are looking to add a long term rental, it shouldn’t be difficult to find financing as long as the numbers support the property.Happy to point you in the right direction if you want to share a little more about the property you’re considering!

If the seller’s claim of ~$25k below retail per unit is even partially true, the discount could represent embedded optionality — you could hold for cash flow or sell units individually if the market supports it. 

That said, the 70% rule only works if everything else scales with it.

The rule: I want breakeven occupancy below 65%.

We had the hearing and the magistrate ruled that we were entitled to take possession (an eviction) of the property.

If you’d like, we can set up a time to discuss how I can support you with this setup and ongoing bookkeeping.

You need to have the income and tax liability to support the depreciation.

The resulting first-year tax benefit was approximately $8,200 due to passive loss suspension rules.

Here to support you with any questions you may have.

Fair Housing does not limit ESAs to one per person but what matters is whether each animal is supported by proper documentation and whether the request is reasonable.