Rentals generate passive income, so an S-Corp offers no added tax benefit.

Take the average household income in an area of working class residents. 

Wife and I are both self-employed so acquiring a traditional mortgage is challenging based on our "on paper" income.

It shows up in my online account, but they have not allowed access to the funds.  

Owner-Builder Construction Loan (Challenging but Possible)Some lenders offer owner-builder loans, but they usually require:✅ Strong financials (good credit, assets, low debt-to-income)✅ A solid construction plan, budget, and timeline✅ Proof of prior experience (renovations help, but formal experience is a plus)✅ A licensed contractor or project manager to sign off on the build2.

Thanks For the Advice @lydia &  @Ray Hage, thatsh helpful. ive Just started the online training and about 3hrs into the 75 hrs so Wish me luck!

I have  a W2 job and look forward to the losses this year to offset some of my income (Not my 'WHY' for running an STR, but a nice bonus).

I've noticed that properties with virtual tours tend to get more engagement online, and investors/agents who use them often say they help attract more serious buyers and renters. 

My CPA says that I don't need to report the income any differently than I have been so this is a plus (less hassle). 

He can spend the next few years-ish getting a finance degree through an online school while working part time, but he just got offered a full time position helping with sales for a local wholesale real estate company.