Just data, experience and what I’ve seen on the ground.I’ll cover:1.

In this series, I’ll walk you through key strategies, trends, and data to help you evaluate whether this is the right market for your portfolio.From short-term rentals to emerging zones and international event tourism… we’re just getting started.In the next 5 posts, you'll learn:Which zones are booming in 2025 (and still accessible).How to leverage the festival-driven demand.Why “staycations” are reshaping bookings.What to upgrade NOW in your listings to stand out.Where the real ROI is (beyond Tulum).

This is because each of you will need to separately meet the "material participation" test, and it would require both of you being very heavily involved in day-to-day management.In fact, it's possible that neither of you passes this "material participation" test, and then neither one gets the immediate tax benefit that you expect.

Hey there, I really appreciate you sharing this — I’ve been working on something similar and would love to collaborate.I'm someone who likes being able to toggle between raw data, dashboard views, and the formulas driving it all.

Especially if you're not trying to swing hammers across state lines.A few tips from personal experience:Spend more time vetting your team than the property—great boots on the ground will make or break you.Start with one deal to test the market, then scale once you trust your PM and process.Consider a "hybrid" turnkey strategy—buy from providers who do the rehab and place tenants but allow you to build in equity through light value-add.As for the LLC question: owning through an entity can offer some liability protection and simplify tax/partner structure, but it also means higher closing costs, tougher financing (typically commercial loans), and sometimes insurance complications.

So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyWe also obtain data from national databases about evictions, convictions, and sex-offender histories.

Tools like Verifast or Plaid pull data straight from banks or payroll providers.

A cost segregation may not have an impact right now only because excess passive activity losses will be carried over either way if your deductions are already fully offsetting your income (it would suspend the losses, so it would be more useful potentially in the future).For the short term rental, you would have to meet the material participation and average rental period tests.

I’m testing out third-party damage protection plans in place of deposits.

Most of these items can be pulled from public data as well!