Additionally, I've invested countless hours in watching educational YouTube videos, listening to podcasts, and extensively reading relevant materials on these topics on the internet.Responding to some of the questions raised on Lisa's case:1.

Also the material and strategies are a bit dated as the course was written around 2000 or 2001.

You do realize that material and labor is for $500 right?

Hi All,Interested in purchasing a STR this year, meet material participation rules/100 hrs, obtain cost seg and bonus depreciation.

There is no time cap on the $1M mark.I have immersed myself in many educational materials over the years and plan to continue doing so wrt multi-family RE investing.

@Parker Eberhard Thank you for the insight into the construction process, as a contractor, I am sure you see all kinds of pricing for labor and materials.

Please share reading material , getting started guides or books that might help.I am currently based out of the San Francisco Bay area and I am looking to invest within a 2-3 hour driving range.Regards

You're doing your own labor, thus your going off material-only costs.

Here are key sustainable trends in real estate:Green Buildings: Properties designed with energy efficiency, water conservation, and environmentally friendly materials in mind are becoming increasingly popular.

Unfortunately, Prosper is refusing to cover without remedying the situation (at least a $1k in materials plus labor).I always want to fix any problems within my rental if they arise, but I don't want to replace something that is perfectly safe just to fit a policy.