For example, deductions on Schedule E might impact passive activity loss limitations or eligibility for certain credits.

A few things you could consider:House Rules: Make sure you have clear, firm house rules for your STR guests regarding noise levels, shared spaces, and respecting the privacy of your LTR tenants.Noise-cancelling measures: You could invest in things like soundproofing the walls or adding landscaping (like thick bushes) along the privacy fence to further dampen any noise between units.Separate Access: If possible, ensure that the STR and LTR tenants have separate entrances or parking areas.

I’m particularly interested in off-market opportunities and would appreciate working with someone who knows the area well.The purchase will be under my name, but I’d love to take advantage of any benefits tied to my daughter’s first-time buyer status, especially considering her limited credit and assets.

Since we are using Evolve, it is very limiting with dynamic pricing .

The cans need to be rolled to the curb twice a week and the city limits the time they can be out, from the evening before pickup, to the night of pickup. 

Just be mindful of FHA loan limits, potential refinancing delays, and keep a reserve fund for any unexpected repairs.

Tbh, if its really that critical to their argument I would just pay an appraiser for a limited scope appraisal which in my area runs about half price because they don't need to visit the property to do it. 

And then you split commissions with agents and have a cap limiting what you can earn on each transaction regardless of the deal you struck.  

Chicago won't let you do an airbnb unless its "owner occuped" or 1 unit in a 5+ owned building so the supply is heavily limited.

Building something unique is a great idea, but it can get expensive, especially with limited funds for a future construction loan.