Well of course they show a prop they bought in nowhere ville mid west for 10k and sold for 75k.. while i believe it was true .

Remember a true STR under the tax rules isn’t considered a real property trade or business.

Rather, it would look at the true NOI vs the P&I.

Don’t go penny shopping.  

This is especially true in single family zoned areas.  

As for the refinance aspect, if you're going from LLC to individual (or vice versa), at my shop you would just transfer title into (or out of) your LLC at the close of escrow, so that part is no biggie.

All of the things I have been lead to believe so far have not been true.

They sound too good to be true, and usually when things sound too good - they probably are.

Bigger Markets: It’s true that underwriting deals in suburban markets can be challenging due to lower transaction volumes.

House worth 400k needs 100k of work and agent is listing it for 435k telling you it’s a handyman project  With my experience the last year a lot of houses go under contract and then reappear so just stick true to your numbers and don’t get wrapped up into a bidding warI hope my little rant helps but good luck to you and maybe will be out there bidding on some houses lmao good luck brother!