They must satisfy "material participation" test for their STRs to utilize the strategy.

Well worth it and the best strategy to start in my opinion. 

Consult a tax professional to optimize deductions and explore strategies like Real Estate Professional Status or short-term rental loopholes to apply depreciation to non-passive income.This post does not create a CPA-Client relationship.

This is what makes the hard money to DSCR combo a great one-two punch for the BRRRR Strategy. 

I have been investing here for years and I focus on the BRRRR strategy.

Being close enough to hospitals and also the University is a good strategy, but would be happy to give you some more info on the local areas here.

If you're ever looking to chat more about investing strategies, or need any advice as you start your journey, feel free to reach out.My plan is to kick off my investing journey this year with my first live-in flip.

Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.  

Can you provide guidance on how to get started and some effective strategies?

I am not sure I agree with that strategy.