I’m also putting together my “dream” team and interviewing attorneys, title companies, lenders, real estate brokers, contractors and magicians so I’ll be fully prepared when the 100 postcards I send out to randomly selected people results in the 14 offers to sell their notes that represents the average 14% response rate to junk mailings. 

Maybe also specialize in finding these deals.Also build a solid team.

In fact, it would be a huge mess to apply it retroactively now, after half of 2023 tax returns have been prepared and filed.

However, the inspector mentioned that the 2nd and 3rd floors are labeled as "Artist Dwellings," though he wasn’t sure what that fully entails.He suggested applying for a special permit to present the space as artist studios or dwellings, with the hope of eventually converting them into long-term rental (LTR) apartments under that designation.

I have one contact that specializes in luxury and another that is more for "average" STR's.

It really is something special and a bit of a hidden gem. 

To navigate these complexities and ensure you’re optimizing your tax strategy, it would be wise to consult a tax professional who specializes in international taxation and U.S. real estate.

More trouble than its worth unless you partner with an operator that specializes in it and can provide the expertise, nursing contacts, etc. 

Do you specialize in the Landlord tenant laws for Maryland?

Connect with a real estate agent specializing in investment properties in your target areas.Good luck!