Some would say it's material data.

I have to say that I thought ron's material was the best I experienced.

Home prices are still high, construction labor and materials, insurance is averaging 20% a year increases, interest rates, etc. 

Since I will now be the host on Airbnb, does this count as materially participating and can I finally take the STR loophole? 

Other side goes off on tangent, disorganized, no material facts, no evidence, done.

It's possible that the company that owns a bunch of the units retained the right to control the the HOA until they are done selling.Simplest answer is to ask the seller who controls the HOA and if not the individual owners, when will it be turned over to them? 

I've been an investor and broker for the last 10 years in FL and NC, and specialize in the mountain regions, and beach regions because that's where most of the tourists, and investors who want getaways, invest (certainly there are many other interesting markets to invest however, booming wine country for example..)To add to it, I love the environmentally responsible home building, that's something I've had an interest in for a while, and I've worked with several contractors and architects in the last few years to come up with a useful plan for alternative and environmentally responsible building materials. 

For instance, I was once thinking about buying a property that had a minor issue with a relatively easy solution, but then we learned from the City that implementing that solution would create a new problem that would have cost us $50k+ to address in order to retain a certificate of occupancy (I didn't know what I didn't know, but I'm glad I found out before I bought the property!). 

"Most" water damage claims can be fixed and closed within a few weeks or months, where a fire claim "may" take 6 months to 1 year to close out due to more extensive construction, delays in materials or labor, weather/seasonal delays, etc. 

Assuming this is a passive business - meaning you are not materially participating - any cost segregation fueled losses would have no impact on your W-2 income.