Happy to have a conversation. 

Even if you could, you'd likely be looking at an older conversion property that will likely need consistent maintenance and wouldn't have the best appreciation.

What you're proposing is the conversion of ordinary income subject to SE taxes into deferred capital gain, OR potential exclusion of the income all-together under IRC Sec 121 if the property is to be your residence.I've seen no reasonable basis for such a position.

Hi, Stephen - not sure if you ever pursued learning more about midterm rentals, but I'm noticing from the conversation thread that there's some incorrect or misinformed information in some of the comments.

This was all amidst conversations of divorce with his wife.

Plus our 6 rentals are near here.That would basically be a barndominium conversion, then?  

I’m trying to do it now to fund an ADU Garage conversion.

This is a conversion from a 1 bedroom to a 3 bedroom, so not a simple clean and paint.

Sellers sms reply and you get the conversation on your phone smart app.- Only negative;  its full featured and a bit complicated.  

Conversely, rushing into deals without thorough due diligence is something I would avoid.