Or is it the volume of ongoing flips that will benefit the most with a project manager due to economies of scale?

Lot next door- possibly building additional home someday.

Always talk to your CPA to see if you qualify.That said, the benefits are definitely worth it if you do.

For me, I’m looking for a STR that I can self manage so that I can take advantage of the tax benefits of offsetting my w2 income while actively participating in the STR. 

In addition, there are also different rules with regards to Timeline as well as identification that you need to follow if you want 1031 to be possible for you as an investor.

Even if you had to exceed that, as single you could convert an additional $485,050 above the $63,350 (or $503,350 if married) and you’d only be taxed at the 15% LTCG tax rate (not counting any state if applicable).Each year I’d get my taxable income as low as possible to give myself as much ‘room’ as possible in the 0% tax bracket and convert the max amount possible.

Marketing Strategies:In addition to listing on major platforms like Airbnb and Furnished Finder, consider joining local Facebook groups for military families or relocation services.

New roof, interior & exterior paint, finished additional living space What was the outcome?

We plan to register an additional LLC (of the investor) that will hold 50% of the property.

Another avenue would be to call your utility companies and ask about installing additional meters.