The STR loophole is all about “material participation”.

The LP still has to meet the material participation rules in order to take full advantage of the depreciation losses even if they meet REPS. 

Flooring: A lighter or mid gray lvp to compliment (~$3 sq ft material) Cabinets: White shaker style (Lowes/Home Depot, Readily Available with little lead time) Countertops: White Quartz with black veining to match black matte finishes if the return on investment is there or just a nicer laminate (calacatta marble natural stone look)Finishes: Black matte for a modern look or the classic brushed nickel.

For anyone that didn't know, I figured I'd throw this out there because it's not apparent, but it is true.Cody's "Deal Automator" is RealEFlow with the following changes:- It's tuned to Cody's marketing material, but you can upload and build your own.- It's capped at 5 prefab websites that you don't need your own hosting for.- It doesn't seem to have access to RealEFlow's newer features, which are monthly add ons.I bought this thing 3 years ago for a one-time price.

Indianapolis has a strong event-driven market (Indy 500, sports events), so this company could be a good fit for those peak seasons.4.

And I put all quality materials and high end finishes throughout.

@Johnson H. and @David C. have been encouraging me to put some materials together to present and share with local folks on how lucrative investing in the Bay Area could be.

I wouldn't buy existing. newark is the #1 zip code for new home deliveries under 400k this year in 2023 and is mostly being driven by DR Horton. year of year property appreciation is insane as well more than 10% on the median and average last time I checked the housing stats. if you want to build please reach out. we don't do any brokerage with existing inventory 

If you materially participate and the rental qualifies as a STR you should be able to take advantage of bonus depreciation on a STR.

Your behaviors are belief driven, and if you think all the opportunity is gone, then your behaviors will mirror those beliefs.Hope that helpsGino