Would it be buying more of the same type of properties or expanding into larger properties?

Permits are basically only pulled for electrical and plumbing of if they get caught.. its the only way to make the rental houses cash flow in many of those markets.On top of that licened contractors many times simply wont work on those type of properties there is no money in it for them..

What made you interested in investing in this type of deal?

What type of persona is Invelo's platform catered towards? 

If cash flow improves, it might make sense to hold onto the property while expanding your portfolio with new acquisitions.Reinvestment OptionsIf you sell or pull equity, focus on markets and property types that align with your cash flow goals:Out-of-State Markets: Research markets with strong rental demand, favorable landlord laws, and higher cash-on-cash returns.

I'd love to learn more about investing in hotels and this type of properties, so please if you have any books/documentaries/any type of resource that I should definitely study before I venture in the wild, comment them below my post.Thank you so much in advance!

Yes, I was tempted to type "these words are likely accurate" ;)  The reason is because tax rules are very much case-by-case, and your mileage may vary.Here is an important clue in your particular situation: ...I manage the rest?

I think you are asking a C.P.A. or enrolled agent type of question.

Ideally, it would be nice to have both types of Investments.  

What made you interested in investing in this type of deal?