Just got my hands on Devon Kennard's new book "Real Estate Side Hustle" last week, and I'm eagerly awaiting James Dainard's "House Flipping Framework" next month.

So, if you assess yourself you might find your interest is financials and you want to be a financial guy dealing with accounting and finance or maybe you want to be hands-on in some way.

Now working on my short term properties as I like to do hands on maintenance or designing and financial strategies as much as possible.

In regards to the tax assessment, it might make more sense if you prorate the land value over the total value and apply it to your purchase price 

-How many offers were there total?

Hey Cory, starting with turnkey deals is a great way to go if you don't have time to be very hands on. 

Note: All units are leased out currently and the total rent is currently equal to the interest payment we’re making so we’re at a break even but obviously can’t do this forever.

You'll most likely never recover your cost (cash).The cost of a 4plex should be less than 4 SF's, but that also means your total property value will be far less for the amount of cash (cost) you put into it. 

Since you own a business, you know the importance of being hands-on, but short-term rentals will require a mix of sweat equity and automation, especially for guest turnover and property management (as an investor/broker I've worked with a lot of clients that have done STR, and are now pivoting to MTR). 

They put their old hand me down furniture and cheap plastic Dollar Tree kitchen utensils in there, pass off the management to Vacasa or Evolve, and expected to make a killing.