Start connecting with local investors or attend meetups. it’s one of the best ways to learn and get insight.

I'm not sure it'd make sense to burn up depreciation to shelter long-term capital gain.

Quote from @Chris Pontello: Hi Chris,Correct me if I'm wrong as I'm still learning creative financing solutions, but paying them some money would be if I could take over the loan.

I’m particularly interested in learning about the advantages and challenges of investing in Oakhurst, Mariposa, Yosemite West, or other nearby towns.Thanks for sharing your insights!

Lessons Learned: What's one thing you wish you knew before starting?

I will be sure to increase my rice in the future!

If you're doing FHA, I'm sure you know you have to live in one of the units.

I have not heard of them, but I would make sure, especially since they seem to be a new player in the space, to ask them the questions that are outlined on the "Best Questions to ask your DSCR lender for STRs" post on this forum: https://www.biggerpockets.com/...

As you scale, make sure to factor in seasonality, renovation surprises, and buyer demand in different areas.

What you can learn from this and show them can set them up for life.