More like a 101 of taxation: you had a reserve of losses -> it helps when you have profits.And a tax geek addendum:I also do not see a direct link to cost segregation benefits here.

If you are considering long term holding always remember to include your reserves for cap ex, maintenance & vacancy. 

I guess I could do some work-arounds -- maybe reserve one unit in the first purchase for use as an AirBnb, and reserve my own time in it when needed - instead of claiming it as a primary.Are either of you (or anyone) familiar with a finance product/loan that will allow me to purchase under $150,000 (w/ strong credit) and do much of my own work and live-in a portion as a primary residence?  

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

I had it up and running in less than two hours and already had my first reservation via Airbnb.As far as the co-host goes, I am moving forward with the VA option to co-host with me.

, and cap ex reserve fund.

The biggest mistake people make is not having enough reserves before going into real estate investments.

If mixed in with your deposits and reserve funds, you may accidentally spend money you shouldn't have.

By the end of 2 years, I could save 50-60k for a down payment, closing costs, and reserves. 

Driving to the store 4 different times is a waste of time and money.