Some go out of business.

How about using SDIRAs not to hold assets but to operate businesses?

The program has been great for my own STR investments and my co-hosting business.

Your net gain is your net sale, minus your adjust cost basis.

Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

Just my personal opinion - get a mentor or a person who already has good experience running STR business, preferably in your area (but not 100% required). 

I've learned that it's extremely important to find balance in this industry as your passion for your business can impact your personal life greatly!

Be honest with them if that is what you are doing though so you don't waste their time if they are busy.

The issue is you cannot force insurance companies to do business in the state.

I've picked up several really good deals because a tenant operator ran the business into the ground to a point where the property owners just wanted or needed out.