We all know those that get on BP that are LPS and now own 5000 units or Co GP with no real ownership etc.. so those are legit questions to bad OP got so defensive and did not just answer the questions. 

We are not real estate professionals.1) How would you handle the classification of the property in the 2023 tax year and would you utilize a STR depreciation strategy?

@Michelle Wang Ever hear: "If you think YOU CAN or You think YOU CAN'T, YOU'RE RIGHT"IMHO I've found this to be true in Real Estate Investing.

Quote from @Chris Magistrado: I'm doing my research and I came across wholesaler who said if the buyer is requesting an inspection, they aren't a real buyer, probably just a wholesaler trying to scope the competition or lock up your contract. 

I saw this site and was so excited to be able to create a team of people to connect with for Real Estate!!!

Combine those factors and start thinking of nightmare scenarios, because they are very real and you must be proactive in policing against there potential to occur. 

What is your real concern? 

The consistent population and job growth are driving real estate values along with many companies choosing to move and develop here like Intel, Amazon, Google, Meta, etc.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

Paid-in-full real estate almost always results in sub-optimal returns.Do this math.