Based on your situation, you will likely need to recapture the depreciation when you convert the property from a rental (STR) to your primary residence in 2025. 

Conventional Loan How did you add value to the deal?

The terms for a 2nd position loan on a rental is 6%, 25 year term,  and 2 points origination fee.  

Most people think real estate investing requires huge capital, perfect credit, or bank loans—but that’s not always true.

If you’re financing, you may need a construction loan or some creative structuring to get this across the finish line.4️⃣ Vacancy Timing – Since you’re using BRRRR, minimizing holding costs is key.

Second home loan , conventional How did you add value to the deal?

You're definitely not the only one in this religion so there's other people that will likely be dealing with alcohol-free life and navigating that situation.

Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure. 

I was told the reserves are a requirement of the REIT loan that we have.

In Ca many loans are done through fractionalization method which is not that common in other states and illegal in some.