To throw a wrench into things, if we were talking about real property/structures that were being short term rented, it's possible/likely that your depreciation period would be 39 years, not 27.5.However, a vehicle - which is what an RV is, regardless of how you're using it - is 5 year property.

I would encourage you to learn the market you plan to invest in now and to continue to learn about the different methods of investing.

That seems like a more realistic result than just “talking to the bank” and having them agree to let the arrangement continue.

Additionally, by virtue of owning all of the units I could, with the help of an attorney, construct the bylaws in such a way to maximize value and eliminate bylaws that would be value-restrictive.I've talked to a couple of non-QM lenders who could provide financing to buyers under such a scenario, but the tricky part is appraisal value, especially in a state where, according to Redfin, no co-op's have sold in the last 5 years.If I got a couple units sold using seller-financing at $220/sqft, since there aren't any other co-op comps, would this provide a basis upon which an appraiser would provide a valuation closer to $220/sqft than $135/sqft?

I finally gave in and decided to talk to them.

Talk with your lender.

It helps being willing to talk to sellers/get on the phone and talk to folks in the real estate space in general but the most important thing in my opinion is being an honest and true person.

Lastly, I do a weekly STR update you YouTube if you are interested where I talk about all new STR listings and sold listings.

When can we talk? 

Continuing on the north coast, another idyllic vacation rental location is Pacific City Oregon.