Just don’t “play” with anything you aren’t prepared to lose and set guidelines for when you will fold/walk away...just like Vegas but digital, no plane ticket or hotel room required.

All this fancy mumbo fha guideline gumbo means is that your projected market rents assuming all units, if it were rented Times 75% need to be greater than what your monthly payment is  (PITIA = principal/interest/taxes/insurance/assessments monthly), other wise FHA will not lend at that loan amount so common solutions to this when rents are too low in your local market are to put more money down payment which defeats the whole purpose of low 3.5% down FHA doesnt it?

We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct against our W2 (assuming material participation).However, we have been reading through the IRS guidelines (eg publication 946 on Property Depreciation) and there seems to be the concept of "short year" which would mean that we can only deduct ~1.5/12 of a year's worth of depreciation in 2024.Is this correct or are there any different rules for STRs specifically?

. - In need of assistance formulating a concrete plan to achieve goals.- Assistance putting the knowledge and resources together to close next deal. - Looking to attend real estate meetups and expand network. - Locating and putting together the right  team that’s needed.-  Joining communities and connecting with others on a similar path. 

(I just don't see how a pitbull could offer more emotional support than a poodle or spaniel.)I'd encourage you to google HUD guidelines for Emotional Support Animals.

I often give guidelines to my tenants about what defines and emergency, what is not an emergency, and the the timeline to expect emergency vs non-emergency things to be handled. 

The next slab foundation I have that needs new flooring I plan on doing concrete staining.  

It is a guideline more than a rule.

FHA has no guidelines specifically providing conditions where Bitcoin could be recognized as an acceptable source for funds to close.The way I read this, Coinbase (or the chosen cryptocurrency clearing house) would need to fully comply with every single thing that Bank of America and Fidelity does to verify your identity, and then issue regular normal vanilla bank statements (if you have to use the word "but..." to argue for how the thing is a bank statement, it's probably not a bank statement), which they currently do not (hours spent on customer service, clicking around my account & the borrower's account, etc etc). 

After reviewing the latest ordinances, reports, and city guidelines, here’s a summary of my findings as of 11/18/2024:Key FindingsPermit Types and Fees:Type 1 (Owner-Occupied): $300 for 3 years.Type 2 (Non-Owner-Occupied): $450 for 3 years.Density caps apply to Type 2 permits (12.5% of block face).Enforcement:3 violations in 3 years lead to permit revocation.Fines up to $500/day for violations.Hotel Occupancy Tax (HOT):City: 9%, County: 1.75%, State: 6%.Platforms like Airbnb and VRBO will remit directly to the city starting Feb 2025.Platform Obligations:STRs must have valid permits; unpermitted properties will be removed by platforms like Airbnb.Special Exceptions for Density Limits:Require approval by the Board of Adjustment (BOA).Zip Code BreakdownI focused on these 11 zip codes:Under San Antonio Rules:78205, 78204, 78215, 78210, 78212, 78245, 78258Independent Municipalities (Separate Rules):Alamo Heights (78209)Leon Valley (78238)Helotes (78023)Next Steps:Research density caps and zoning in specific zip codes.Dive into independent municipality rules for Alamo Heights, Leon Valley, and Helotes.Evaluate market maturity and income potential using tools like AirDNA.If anyone has experience operating STRs in San Antonio or these specific zip codes, I’d love to hear your insights, especially about density limits, enforcement trends, or community sentiment.Thanks in advance!