Best strategy would be to run it by an attorney in the state which the contract applies. 

Then, let me apply the concepts from that post to this specific issue.If you bought an STR in 2024, and it qualified in 2024, you can claim the benefits for 2024.

And will the same apply to a single family home ? 

In PA this does not go to an overage fund or surplus proceeds fund.. instead.. in an upset sale any amount bid over the minimum starting bid in the Upset Sale will be applied to liens against the property in order of position… since the min bid includes all municipal, back taxes and county liens.. then would it be correct to stated that this extra 10k would go toward the remaining Morgage amount (if applicable) IRS liens, cigarette and sales tax liens etc..? 

DSCR lenders might offer flexibility in fee structures, so it’s worth exploring whether they can streamline costs if you’re using the same lender for both transactions.If you take out $50k for the down payment on the second house, you can always tap into the remaining equity in the future, but doing so later could result in additional fees, as you’d likely need to refinance or apply for a second HELOC.

You can always include the cost of the land into a construction loan but if you purchased it already it can play in your favor.At the bank we do all of the work you basically apply for the construction loan and the Building department along with processing sets up the entire process.

This tenant is under the impression that since the paper he signed when he signed his renewal didn't clearly state the sale clause that it doesn't apply.   

As work is complete, you can apply for draws and you'll be sent the money dedicated to the completed work.  

Does the exemption apply to multi-unit properties since I will be living in one of the units?

Most note investors are aware of SOLs but believe the shorter note SOL applied for both (myself included at one time).