Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

This is a very long discussion and would need to ask a number of questions - we work with investors from many different countries. 

I just got an email that my pro membership auto-renewed today and went to the website to cancel, only to have the cancellation effective 8/19/2025. 

As a medium-term rental, you'd be in better position to be connected with Insurance Company that way.  

Featuring stylish, modern furnishings and vibrant, fun amenities, this home is perfect for a variety of short-term rental visitors.

It's so much work to furnish and set up a short term rental.

very sorry to hear that. a lot of "professional" unfortunately only look at you as a number and not a long term relationship. you should be able to put a complaint against home inspector to hopefully recover some damage they missed

While OZ investments offer significant tax benefits, assess property risks and long-term potential beyond the tax savings.This post does not create a CPA-Client relationship.

If it takes you two months two find a tenant willing to pay $1,700, then you'll still basically break even in the long run - the net to you is the same. 

Had excellent success self-managing as an Airbnb in the winter months and switching to a mid-term rental the summer months.