Moreover, it allows you to set the terms of the lease agreement according to your preferences, which can help prevent misunderstandings and disputes in the future. 

When I learned about the situation, I knew I wanted to help preserve the family property and also create a solid investment for my future.

But any depreciation amount beyond that can be carried over to future years. 

Hopefully we will be managing a handful of other STRs in the same market in the future.

Good luck on your future! 

I don't think the future will be kind to the investors who bought cheap houses in a big community of other investors. 

Then, if you like some of the comments from a user, you can connect with them directly and perhaps do a 1:1 discussion and potentially discuss what you want to do in the future.

Also, if you have a below market interest note, if you wanted to sell that note for any reason in the future for liquidity you would be affecting the value of that note negatively.

This is perfectly fine if you are going to be living there a long time, but I see people who use a home as a stepping stool home to a larger home in future and make it very customized to their liking but then when try and sell it, it does not appeal to the masses.

, but we figured that the sentiment wasn't going to change in the near future.