I’m trying to increase my presence to the local renter population.

Once you increase your real estate portfolio using these tax free money, part of the cash flow they generate is offset by the non cash deduction (ie depreciation) so you get the equivalent to the depreciation amount but don't pay taxes on it.

Aside from the increased rental value, properties that are on water, or have a view of the water, are going to appreciate in value at a higher rate than the others.

If someone is willing to live in and renovate the 2 of last 5 year capital gains exclusion is a significant consideration.

I am looking into my STR options but from what I have learned this is a overflowing market in the area and the vacancy's are increasing so I may look into mid term and long term only.

LTV Consideration – The 60%-70% LTV is usually based on the After-Repair Value (ARV), meaning your loan should be within that range relative to the projected value after renovations. 2.

The deduction is optimized as values increase and can potentially offset the entire net investment (including down payment) for high wage earners.

That said, weigh the cost of renovations against the potential increase in appraisal.

By prioritizing five-star reviews, I built a strong reputation, which led to increased bookings and higher profitability.

You could potentially tap into your existing utilities but there are other considerations that might make it worth separate utility laterals and services.