What would be your advice in choosing a neighborhood or area to start farming to gain leads?

Also, Engage with local real estate agents, landlords, and community forums to gain insights into market conditions.

You pay on those gains. 2.

Under expert guidance, I began investing in single-family homes, gaining firsthand experience in the art of deal-making.

If I’m wrong we lose potential equity gains.

When reaching out, it helps to offer value in return—think about tasks like checking on properties when they can't, delivering materials, finding reliable contractors, or even handling basic project management tasks.Building genuine relationships and showing you're willing to contribute will go a long way in earning their trust and gaining hands-on experience.

However, the depreciation claimed while the property was a rental must be accounted for upon the future sale of the personal residence, which could increase your capital gains tax liability.The adjusted basis of the property (original cost minus depreciation) will be used to calculate gains or losses at the time of sale.

I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.

The benefit to the seller is that they don't receive all of their capital gains in the first year, but they will pay as they receive their money. 

I’m looking forward to gaining more knowledge and receiving the right mentorship.