Hi All,Interested in purchasing a STR this year, meet material participation rules/100 hrs, obtain cost seg and bonus depreciation.

There is no time cap on the $1M mark.I have immersed myself in many educational materials over the years and plan to continue doing so wrt multi-family RE investing.

The market needs alternatives to the OTAs and they're already set up and established - if they would just make some basic improvements it would help everyone! 

@Parker Eberhard Thank you for the insight into the construction process, as a contractor, I am sure you see all kinds of pricing for labor and materials.

Please share reading material , getting started guides or books that might help.I am currently based out of the San Francisco Bay area and I am looking to invest within a 2-3 hour driving range.Regards

Private investment funds allow you to invest alongside a small group of other investors, while REITs offer publicly traded stocks that represent an ownership stake in a larger pool of properties around the world.Commercial real estate has always been considered an "alternative investment," but it is fast becoming more mainstream.

You're doing your own labor, thus your going off material-only costs.

Here are key sustainable trends in real estate:Green Buildings: Properties designed with energy efficiency, water conservation, and environmentally friendly materials in mind are becoming increasingly popular.

Consider alternative exit strategies, such as converting the property into a long-term rental or selling to an investor.

Unfortunately, Prosper is refusing to cover without remedying the situation (at least a $1k in materials plus labor).I always want to fix any problems within my rental if they arise, but I don't want to replace something that is perfectly safe just to fit a policy.