Your conventional options will likely be better and keeping in your personal name is much easier to manage...just my 0.02So a big concern for me is the default liability.

Quote from @Chris Park: The risk of damage increases, but I would be more concerned with the fact she's bringing other men over while her boyfriend is at work, with or without his knowledge.

Location should be your primary concern if you want good tenants and good appreciation.

As a wholesaler I have no such concerns.

Aren't you concerned if you install to the very edge of the wall you'll have buckling?

A skilled property manager can ensure a positive tenant experience by responding promptly to maintenance requests, addressing concerns, and fostering good relationships.

I was starting to get a little concerned, I always saw other people investing in this area which I knew came with its difficulties but as long as tenant screening and property checks out I know it would work.

Consider how it will be used and if the floor can function as storage, rec room, family room, extra sleeping space, etc.From what you've shared, my concern would be the "hills" that may cause a tripping issue.

Cash flow will be around 1200.00 before maintenance set-asides.Items of concern are getting to an ARV for appeal due to minor repairs, clean-up, and available cash required to acquire a new place to live.  1.

Thank you so much @Greg O'Brien, I just bookmarked this thread, I stayed up until 2am last night trying to find answers to this, confused by different professional opinions and IRS publications.I'm trying to use STRs (rented out 7 days or less with no substantial services provided in which I materially participate) to reduce my W2 liabilities and my biggest concern was if doing this will trigger Self Employment taxes.If I understood correctly, in this situation I can use depreciation losses as active against other active income (which is what I want).