@Sung Yu You can 1031 exchange your fourplex into a single-family home, provided it’s initially used as an investment property (rented for 1–2 years) to meet IRS requirements.

The property will need to have a slight rehab to get it up to STR standards, but when complete it should easily be a $200k Gross booking revenue property.

Did you or did you not meet 500 hours of material participation as needed? 

Many of them have restrictions that you must owner-occupy the property for a minimum number of years - or you'll have to pay it back with interest.Also, the standard mortgage requires you to owner-occupy a property for a minimum of 12 months before renting it out.

So they need to meet your standards, right? 

And many hotels don't have 24 hour desks or 24 hour service.I don't get why all these newer regulations expect STRs to operate to standards that aren't even required of hotels with full-time staffs. 

If you do, could I ask how that has been going and has the rents been comparable to the payment standards advertised by the respective housing authority?

Also looking forward to meeting any local wholesalers or people living out the house hacking dream.Thank you to @Scott Trench for leaving a great how-to on introductions!

Which essentially puts some standards in place and a good guideline for handling all things in the company. ie. company mission, telephone standards, tenant screening process, etc. 

We meet the fourth Tuesday of each month.