Given that the build time has greatly been extended, my numbers when initially run are going to be much different moving forward.

Joseph - you don't want to put rental properties in s corps period for a couple reasons. 1. your debt basis is limited to the equity you put in, meaning the losses will be suspended.2.

Starting January 2, I am going to extend the cabin and add a 15X30 master suite and bath, with Andersen wood casement windows overlooking the creek. 

In essence, extended loan terms primarily benefit the lender, turning the borrower into a long-term revenue stream.

We had such a rapid growth in volume and equity during covid, the current period of downturn was probably unavoidable.

I would store the belongings safely for a reasonable period and follow legal procedures to dispose of the unclaimed property. 

Preventative maintenance like dryer vent cleaning and fireplace maintenance are some of the best ROI's by extending the life of major systems.Glad you mentioned contracts.

However, it's important not to extend STR dates too far into the future so you can accommodate MTR inquiries when they arise. 

Shore up reserves, extend your runway on any variable debt, and underwrite with wider stress bands on rent, expenses, and vacancy.

Listed below are the main things to think about when investing the Orlando/Orange County area.Unincorporated Orange County (outside City of Orlando)Key definitions & permit requirementThe county defines a short-term rental (STR) as the rental of all or part of a dwelling unit for lodging for a period of less than 30 days.