They are supposed to be more scratch resistant and they cost slightly less while looking as good as LVF. 

I know the tax hit isn’t ideal, but I’m wondering if the long-term cash flow benefits outweigh the opportunity cost.

I self-manage all my doors in Florida but I use a property manager for my Detroit portfolio.

But the real secret to making money in real estate is finding the right properties at the right price—and that's where off-market deals come in.Off-market properties typically cost less than those listed on the MLS because sellers are often motivated by reasons other than price, like financial distress or personal circumstances.

Selling the back lot separately (if never used as your residence) may not qualify for the exclusion and could be subject to capital gains tax.Setting up a condo regime involves legal work, city approvals, and possible rezoning, which can cost $10K–$30K+ depending on Austin's requirements and surveyor/attorney fees.

I self-manage all my doors in Florida but I use a property manager for my Detroit portfolio.

The typical home inspections are looking for different things and cost quite a bit more.

Simply because you can charge more, which usually isn't an issue for guests as they are splitting the costs amongst friends or family members.

To adapt, focus on refining your ARV and repair cost estimates, explore off-market deals, and consider creative financing strategies like seller financing or partnerships.

I used Hostify and you can work it into the management system to figure and charge all of that for you.