Great post.

You can also find a deal and post it on FB requesting a PML. 

Combine these benefits with GI Bill-funded real estate education to expand your knowledge.This post does not create a CPA-Client relationship.

Why are you starting a new thread when you posted this same stuff on an existing thread? 

If you have questions about getting started in Detroit, post your comments below, or feel free to send me a DM!

I know it was kind of a hectic post, but I am all ears and appreciative of anyone who takes the time to read this!

@Philip Beckwith,  Since this last post is only 5 months old and you are in Grand Rapids like me, have you had any follow up/results / success since this last post reply? 

Great post people need to read this one.

This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.

I am wanting to purchase a condo in the St Pete Beach (preferable Treasure Island) market post hurricane(s).