Also we are scheduling some consultation with lenders. what are the questions to ask the lender and also how to choose a good lender for investment properties moving forward ?

Consult a tax professional to optimize deductions and explore strategies like Real Estate Professional Status or short-term rental loopholes to apply depreciation to non-passive income.This post does not create a CPA-Client relationship.

Consider defining clear roles, ownership percentages, and responsibilities upfront, and ensure you’re protected if the partnership doesn’t work out.Since you already own properties, it might be worth consulting a CPA who specializes in real estate for advice on tax strategies specific to your situation.

And of course we're in agreement on consulting a tax pro.

Consider consulting a financial advisor for a more tailored plan.

I'm considering adding this product for my short-term rental (STR) as well, but I plan to go directly to Waivo since I've already had a consultation with them.

Yes I agree you need to have a phone consultation with an Attorney.

So before dismissing your options, you may want to consult an investor friendly Lender who is an out of the box thinker.

I purchased my DST via https://seracapital.com/1031-e...Carl assisted me as a fiduciary consultant instead of a DST salesperson hoping to earn 6-10% commission on (actually out of) my investment.

Always conduct your own due diligence and consult with a qualified professional before making any real estate investment decisions.