@Usman Khan Yes, you can apply the short-term rental tax loophole to the STR units (80%) in your triplex if you meet the material participation requirements and have average stays of less than 7 days.

Trying to go into an existing template and add/change variables is very tough.

I am doing this completely remotely, which has been a massive pain/lesson learned (topic for another day).I signed a very high-level agreement (i.e. expectations simply say "drywall and paint") with him for drywall and paint work at my home for a total of $10KI have paid $5K as a down payment as well as ~$2K in materials over time, as neededThere have been multiple break-in's in the home, and he has done me favors of working with the police, and boarding things up.

It is really expensive though, but I'd like to try it, because it is really tough finding good deals right now, especially in Memphis, which is where I invest.Any feedback would be great!

Tough to buy in this market unless you have cash and can close fast.

@Wiley Strahan this may be a sweet spot for some of the small-balance commercial lenders we work with depending on where in OH (Rural is tough), and LTV being sought.

Miami Beach is going to be a tough market to break into based on money, so your network and hustle will put you in the right crowd.

It's tough to find a property that positively cashflows these days even with all units paying rent.

The older aged condo market is tough with so much new supply coming online and breaking ground. 

You will constantly hear of shortcuts during construction and the conscientious decision to use lower quality materials during the renovation.