However, the concept of a virtual office is a very useful tool that provides a professional fiscal and commercial address, as well as additional services such as mail handling, meeting rooms, and phone assistance.

More about the concept of STR tax savings is here:https://www.biggerpockets.com/forums/51/topics/1122635-the-s...As to one CPA saying that your losses would still be passive, we cannot comment.

If you’re not willing to do this, then you may be best off investing in some kind of real estate fund concept.  

This also leads owners to ASSUME simpler is better when it comes to management contracts.

They simply skip over/ignore concepts like vulnerable persons, equity skimming, equity stripping, bank fraud, wire fraud, mortgage fraud, escrow and closing, etc  It's now the "thing" to do.What could go wrong?

Studies typically cost $3,000–$5,000 but affordable DIY options (around $400–$500) exist for simpler properties.

They also tend to have lower tenant turnover and simpler management.

You want a hustler, not a top performer, if you want check-ins.I appreciate the candor and would definitely agree that my framework is all in theory until I can get a proof of concept for these out of state deals.I like your idea of pushing my boundaries in CA.

There are no shortcuts really because it takes time to grasp a lot of these concepts.

This also leads owners to ASSUME simpler is better when it comes to management contracts.