Like what's the best way to approach this? 

Ive got some tenants who are approaching having paid me half a million dollars in rent. 

It would be my way of helping other professionals become successful without having to reach as deep into their pockets as the current marketplace approach affords.Any reason why I should not create open source building plans?

Hi Jen,When considering the purchase of a condo for short-term rentals, especially one that’s around 40 years old, it’s essential to approach the process thoughtfully.

This approach allowed us to manage renovation costs effectively while ensuring a smooth transaction process.

Account ClosedThe challenge for any PMC is trying to keep ALL their owners happy - despite owners having various approaches to maintenance ranging from:1) Slumlord2) Over-improving like they will live thereOur best approach to all this is to, "Maintain to the Neighborhood". 

I don't think it's the best approach to chase "hot markets" far away if someone is not willing to take on significant risk.

Why this approach?

.- 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.