Any answers to these questions and any suggestions about how you would set up your business in this scenario to maximize the offset to your regular individual income from another source would be appreciated.

We saw the potential in STR and understood location placement to maximize yearly profits.

Obviously, we need to maximize our tax effectiveness in the situation and the monthly is going to be huge, especially if we can’t get the rents to cover the mortgage.

Scope of Work:Initial Assessment: Our team conducts a thorough assessment of the property to evaluate its current condition, identify structural issues, and determine the scope of renovation required.Design Concept: Collaborating with architects and designers, we develop a design concept that blends contemporary elements with the historic character of the row house, maximizing space utilization and optimizing layout efficiency.Structural Repairs: Structural repairs and reinforcements are undertaken to ensure the integrity and stability of the building, addressing any foundation issues, roof leaks, or structural deficiencies.Interior Renovation: The interior of the row house is completely renovated, including the removal of non-load-bearing walls to create open-concept living spaces, installation of new flooring, upgrading electrical and plumbing systems, and installing energy-efficient fixtures and appliances.Kitchen and Bath Remodeling: The kitchen and bathrooms are transformed with modern finishes, custom cabinetry, quartz countertops, and high-end appliances, creating functional and stylish spaces for daily living and entertaining.Historic Preservation: Special care is taken to preserve and restore original architectural features such as exposed brick walls, decorative moldings, and hardwood floors, enhancing the property's historic charm and character.Exterior Enhancements: The exterior of the row house receives a facelift with fresh paint, repaired masonry, restored windows, and landscaping improvements, enhancing curb appeal and contributing to the overall aesthetic appeal of the neighborhood.Quality Assurance: Throughout the renovation process, our team adheres to strict quality control measures and standards, ensuring that workmanship meets or exceeds industry best practices and building codes.Finishing Touches: The finishing touches, including interior decor, lighting fixtures, and hardware, are carefully selected to complement the design aesthetic and create a cohesive and inviting atmosphere.Timeline and Budget:The single-family flip project in the Philadelphia row house is estimated to be completed within [timeline], with a budget of [budget].

I love this option, because you can leverage low down payment, get benefits of real estate, learn a lot of valuable RE skills, and can maximize your income with a furnished rental.As a SFH, you could potentially rent out rooms or an additional space out as MTR/STR, but there is potentially less privacy.

@Long Bui you should start building a team of experts to maximize your probability of success!

A STR manager can not maximize the performance of a MTR.

In that case the multiple exchanges with different timelines might help you maximize your search time for the perfect replacements.You have to use an unrelated 3rd party called the qualified intermediary for the 1031 exchange. 

Truly maximize the cost segregation benefits.  2.

Otherwise, it would be best to maximize your skills and lock down the highest paying job you can.