This is if you do all the management yourself, (basically buying yourself a part time job), ar good at marketing and interior design, and if your local government doesn’t flip the switch and ban STR or limit the ways you can use it. 

My estimate is you could get a total of 250 units on the same land with modern designing.

@Mandy Whittle We have worked with numerous churches to assist them with acquiring, financing, designing and building their facilities. 

The problem is, as you have already discovered, you have to use one of their designated property managers. 

likely begs a lot of questions, but most definitely property rights, designations, city statutes compliance with state law, etc.

This isn't designed to be anything other than informative and/or inspirational to anyone on the fence about investing in real estate.April 19, 2023 my wife and I officially moved into our current primary residence.

My gf is very design savvy and has experience organizing homes. 

It serves as a designation for professionals actively involved in the oversight and operation of their rental portfolios.Summary of Requirements:To qualify for Real Estate Professional Status, investors must fulfill two key criteria:50% Rule: Allocate over 50% of all annual personal service hours to real property trades or businesses.750-Hour Threshold: Spend more than 750 hours materially participating in specified real property activities, including rental operations.Navigating these criteria demands meticulous attention to detail and a thorough understanding of IRS regulations.

Located just a stone's throw from I-35, this prime location beckons both travelers seeking transient luxury and long-term tenants, including discerning retirees.With meticulously designed sites and secured permitting, this venture promises to redefine luxury travel and investment excellence.

Most my clients are out of state and I have a furnishing/design crew as well as co-hosting services at a discount for clients to really help maximize your returns and be as hands-off as possible.