I'm a project manager that serves as a general contractor for real estate professionals.

In 2017, we want to try to qualify my husband as a Real Estate Professional.

When your tax professional prepares your 990t they will utilize the Cost Seg to minimize the UDFI tax. 

Also, targeting traveling professionals or insurance clients for mid-term stays can sometimes yield higher rates than typical monthly renters.

Something to consider is that you mentioned you had a day job so I’m assuming you’re not a real estate professional.

Readers should seek professional advice.

Furnished Finder has different types of renters but traveling medical professionals is one of the largest tenant types that use the site to find properties

Make sure you’re clear on how financing works and what your monthly payments will look like.Property Condition: Assess the age of the property, maintenance history, and any potential repairs or upgrades that might be needed.Due Diligence: Work with professionals, like a home inspector and a trusted real estate agent, to ensure the property is sound and fits your investment goals.Analyze the Neighborhood: The location can make or break your investment.

Readers are advised to seek professional advice.

Lots of good advice above- I think an active, professional network of pros that know and trust each other is essential.