If you are reliant solely on alt. lenders because it is the only debt you are qualified to originate, it can become a vicious cycle.

For Question 2, distributions from a DST are typically not additional taxable income beyond what’s reported on the Substitute Grantor Letter (SGL).

I always have a mix of flips and rentals going on (LTR, MTR, STR).

We plan on returning 2 STR permits because the STR revenue has not exceeded LTR revenue by enough to justify either the additional costs or if self managing the additional effort. 

Simply report your accurate rents and expenses which you should be tracking as well and not simply relying on your property management company and their reporting. 

You are well on your way tho to wealth building.

Whether or not you would benefit from a cost segregation study depends on multiple factors. 

I’m afraid your snail mail marketing campaign fails on all four criteria.The successful wholesalers I know agree that a MINIMUM of $10,000 PER MONTH needs to be spent on marketing/advertising to have enough “deal flow” to ensure a viable business.  

I live here on Maui and would welcome partnering with you.

Currently have 8.675% 30-year on a 4-unit in Hagerstown.