I think it depends on the individual and opportunity.

I have great lenders and property managers I can refer you to.In Cleveland, it all depends on what your goal is.

It will probably depend on your experience and connections with lenders.

I know conventional lending could become an issue depending on the condition of the property.

I think it depends on the appraiser. 

However, this rule is more property- or activity-specific and can be easier to meet than the 750-hour rule, depending on your portfolio size and involvement level.

The members here on BP that talk about STR auto-run systems didn't install those systems and find dependable cleaners & handymen overnight.

It probably depends on the market or property.

If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!

Depending on the salaries of the new jobs they may also price out the local residents on new home sales which would further drive up the price.