Also, focus on 2 years of job/income stabilityThis looks familiar.

I do them and I enjoy creating a great experience for the guests and the receiving more income for my property.

But I get it when you have that tenant dynamic IE limited income basically lowest earners in the country its a tough group to corral for many many reasons..

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

If I decide to sell a rental property, my understanding is that my accrued passive income or loss on the rental becomes active income or loss. 

Go where your income to cost of living is the greatest ratio, hands down.A good portion of my borrowers buy out of state and use property management to deal with the properties.If your in college you've gotta increase your ACTIVE income, before you get passive income.

Real estate is an excellent way to leverage deductions and reduce taxable income.

How do you stay profitable during off-peak times? Do you lower prices, offer promotions, or focus on longer-term bookings?

Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!

It will be tough to find a turnkey cashflowing property but you can certainly keep low expenses if you are interested in quad and live in one of the units.