From a marketing perspective, what months do you find it takes the longest to locate qualified tenants? 

An FHA loan or conventional would be a good loan product and can use the existing rents to help qualify. 

We spoke with the Dept of Buildings today and they said that the basement would also qualify as an Airbnb if we decide to go that route while we live in the floor above it, and that they don't care about the ceiling height.

You’re wondering if you increase your chances of getting audited because you’re qualifying for the short term rental loophole.

It would seem to me a toilet would qualify as a permanent cabinet, also not a lot of clients are going to want a molding up against their tub.

Testament to the strength of the Oregon Coast market and that there are incentives for very well qualified borrowers & quality properties. 

Borrower has to come with terms that the loan qualified with at the date closed (down payment of 3.5 for FHA and you keep the PMI forever). 

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

If that is the case, then the new property bought in 2024 and launched in 2025 wouldn’t qualify for accelerated depreciation on those grounds alone.

Take the first qualified applicant.