Michael,When you say: "a local Airbnb manager", I'm guessing that you mean a Short-Term Rental manager, as in property management for short-term rentals. 

When you say a man in debt is a slave, are you referring to debt used for personal items, or are you including debt used to acquire income producing or capital appreciating assets also?  

Let's say a Condo market value is 200k, and then rent should be 1500/month. 

This is not a "real estate rental income" activity as defined by the IRS, so whether you are a REP or not, you can take this benefit.All of this is separate from a QOZ Investment, which would require you to first recognize a capital gain from another source (say a stock sale), invest that gain, hold it in a Corporate or Partnership structure (likely partnership), meeting the substantial improvement qualifications of being a QOZB, and then yes, you get to avoid the depreciation recapture at the end of the 10 year hold period, at least for the portion of your investment attributable to the original gain that you invested in the project. 

@Stevo Sun thanks you for your response, when you say a group of Canadians, do you mean there are some Canadians here? 

I'd say a self-directed IRA might be better for you.

As far as say a vanity, always go back with at least the same size, will save you ton of work fixing walls, floors etc.

\I will say, as a PM, where I add the most value if the 24/7 guest communications, 20+ platforms including some big names like JetBlue and Marriott, pricing with RevMax and a live revenue manager, etc. 

I don’t want to do the wrong thing and have my money lost or swindled.I would say as a percentage, 1-10% , depending on your conviction. 1% might honestly be all you need to see awesome returns, and if it goes to Zero, then not much was lost overall.

Hey Scott,Yes, house hacking into a new place and holding the duplex a couple of more years is one of my top options I'd say as I figure in 2 years I will also have the experience to be approved for commercial property as well as more equity assuming the market doesn't tank!