@Robert Portal thank you for the mention of Rent To Retirement. 

IE at the time if you built on all the hundreds of thousands of lots there you would have perpetual grid lock not to mention water quality etc etc.

Example mentioned already of shifting the leases to term out in the summer.

The other thing I meant to mention with EV in CA. and I am not sure if its this way in the Bay Area on 880 or 101 or 280 or 680 but the HOV lanes in LA if you have an EV you can run in the HOV lane with one person..

The key is establishing strong systems and processes.As mentioned earlier (KISS—Keep It Simple, Stupid), there's no need to overcomplicate things.

You will note there is no mention above about being a good communicator. 

I heard a podcast that mentioned an established vacation market in Michigan.

@Laura Williams that is a great question and I failed to mention it.

As mentioned in the other post, deciding what your true goal is as well will help you choose a market.

As mentioned in the podcast, you can carry forward the paper loss, which could offset future rental income or other income once the property is fully operational as a rental.To maximize your benefit, doing the cost segregation study now while bonus depreciation is still at 100% would allow you to accelerate depreciation and take advantage of the full deduction in the year the property is placed in service as a rental.