This is where you generate cash and you can then invest it in RE - or something else.Most of the guru content was written a decade ago and it just does not apply the same way it did back then.

What you stated only applies to St Pete itself, and not unincorporated Pinellas county.

Quote from @Jay Hinrichs: Quote from @Don Konipol: We have a saying in Texas that seems to apply to the subject of this thread“Big hat, No cattle”. 

Nonetheless, I could see applying this law but only to rentals owned by a single person above a certain number.

We are in the top 10 fastest growing big cities right now, so families and singles are constantly flying in to check out the area.Raleigh allows short term rentals if you apply for a license.

To get around this some folks will purchase the vehicle in an LLC and then sell the LLC, and this is not breaking the agreement.The same thing would apply here.

It must make selling a house IMPOSSIBLE until its paid off since the same issue sounds like it would apply.

What I said above regarding prices based on size of the home is true, but not always applied. 

Start collecting contact cards and fill that phone with everything from plumbers and painters to bankers and lawyers. sorry this is so long and drawn out.

This applies both to single-family residences and multi-family buildings.Non-residential HVAC systems, such as those in office buildings, warehouses and shopping centers are eligible for bonus depreciation.