I'm happy to assist you in testing if you want to contact me off the forum.

. $375k speaks to me of a Texas house, and that'd put you at minimum $2500/mo payment and therefore raising those numbers a lot more.

Nobody can just guess correctly THREE times - when I’m correct again you’ll know I have a system that has been tested and works.  

If you’re selling your home to a stranger, have a solid contract that has been tested in the courts.

Even if STRs did unlock PAL (and they don't), out of state STRs probably will not work anyway, due to the challenges in meeting "material" participation test for out of state properties.

@William CoetIt's much easier to raise capital from investors, especially foreign investors, when you mention cities like NY, Miami, LA.

I cut costs,  maximized efficiencies, raised rents accordingly (that alone will increase my cash flow this year by about $1,000 per month); and streamlined landscaping/pest control/rehab work and on. 

There are 7 material participation tests and these are the 3 most common for real estate investors AND you need to meet one of them: Spend more than 500 hours on your rental businessDo substantially everything for the rental businessSpend more than 100 hours on the activity and no one other individual spends more time than you doAnother way to offset non-passive income (e.g.

Therefore, amounts separated for by a cost segregation study would not technically increase the "non-real-estate-property" for the purposes of the 15% test.

I was raised by "Poor Dad (parents)" who taught me those concepts growing up, and is still mostly their values, but they were also lucky enough to have lived in a time where that worked well enough for them as they retired with a very nice nest egg.