I'm in urgent need of some guidance on the best way to approach this matter before pursuing litigation. 

.- Let's assume the total cost of construction is 200K (or 150K if it's a manufactured/mobile home).My Question would thus be- Can the STR tax loophole strategy allow me to offset 60% of the 200K amount that I paid towards construction of the home, (or 60% of 150K if it's a Manufactured home)Any success stories with this kind of approach?  

I’d recommend chatting with your accountant to see if it’s worth doing, and they can point you in the right direction for the best approach.

That’s a great approach—sometimes slow and steady is the best way to go, especially when it comes to managing costs and avoiding unnecessary debt.

Is this best approach? 

I got sold on the no money down approach back almost 10 years ago when I first started looking at REI. 

As a newcomer, I’m eager to learn and would love to hear from the seasoned experts in this community.If you were starting over today, how would you approach getting into commercial real estate in Minneapolis?

Building relationships with local business is still a very successful approach.

There are several reasons for his approach.

Amazingly, it is apparently nearly impossible to get decent comps for this so I'm not sure how to approach figuring out whether to outright sell it (and for what price), fix it up as a rental, or market it as a knockdown for the land.