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If you’re busy and want a done-with-you or passive path, comment TIME and Kenny or I will map it out with you. ✅ FREE tool and training to find your own Super Property: https://go.buildstrwealth.com/superpr... 💸Baselane: Get $100 when you sign up and put your rental finances on autopilot—no monthly fees, no stress: https://baselane.com/str-wealth? High-income earners: STRs are the best vehicle I know for cash flow, appreciation, debt pay-down, and real tax advantages—without creating yourself a second job. I break down exactly how to pick markets, underwrite deals, and structure ops (pricing, marketing, guest comms) so you’re not burned by shifting regs, insurance, or lazy underwriting. We also talk material participation, timing, and how to leverage accelerated depreciation the right way (don’t let the tax tail wag the investment dog). Chapters 00:00 – Why Short-Term Rentals Are the #1 Asset for High-Income Earners 02:45 – “Don’t Create Yourself a Second Job”: The Real Meaning of Passive Income 05:18 – The Hidden Tax Goldmine: How to Legally Write Off $200K–$300K in One Year 08:42 – The 4 Pillars of Smart STR Investing: Cash Flow, Appreciation, Debt, and Taxes 12:30 – Avoid the Trap: Why Most Investors Buy Properties That Can’t Even Get STR Permits 16:57 – When City Rules Change Overnight (and How to Protect Your Investment) 20:40 – Why Agent and Lender “Help” Can Actually Cost You Six Figures 24:15 – The Operational Reality: What It Takes to Run STRs Like a Business 28:20 – The VA & Messaging System That Saves Your Sanity (and Your 5-Star Reviews) 32:05 – How to Invest Passively Without Sacrificing Control or Returns Connect with Bill Faeth 🔸 Instagram: / billfaeth73 🔸 Facebook: / 284886002732508 🔸 LinkedIn: / billfaeth 🔸 TikTok: / bfaeth DISCLAIMER: The information provided on this channel is for general informational purposes only and should not be considered professional advice. We are not licensed financial advisors, real estate professionals, or legal experts. Any investment or financial decisions you make based on the content found on this channel are made at your own risk. We do not guarantee the accuracy, completeness, or reliability of any information presented. Before making any investment or financial decisions, it is recommended that you consult with a qualified professional who can provide personalized advice based on your individual circumstances. We do not endorse or promote any specific products, services, or companies mentioned in our content. Any references to third-party products, services, or websites are for informational purposes only. By accessing and using this YouTube channel, you agree to release us from any liability for any losses or damages incurred as a result of relying on the information provided on our channel. We reserve the right to change, modify, or remove any content on this channel at any time without prior notice. Thank you for your understanding and for being a part of our community.