Hi BiggerPockets community, I am considering purchasing a STR and being an active participant for the opportunity to deduct the STR losses (notably deprecation) against my W2 job.

Notably, Syracuse is recognized for its snowy winters, providing ample opportunities for winter sports enthusiasts.

It would be more of a concern if you've done a subject-to deal where you wrapped someone else's loan and you're not able to put the title back in their name.However, I don't want to be cavalier. 

Does the fact that I have a full time job and am not able to be a full time investor change anyone's perspective on this?

@LeRoi De-Souza-  you are not able to use a FHA loan for a rental property purchase ....depending on the size of the  property ( 1-4 units ) - you should be able to get a conventional loan ....85% ltv  is possible for a  1 unit  rental purchase ...get  formally  pre approved so you can  get orgainzed and  prepared 

There are a few notable exceptions i.e. condos near the convention center, but that is the general rule in our market.

I am not able to clarify the value of the $2K online "Self Education" version of your Wealthability program.

A notable exception is the rapid appreciation in the last few years, summarized in the chart below.

Notably, by the year 2022, I further expanded my real estate portfolio with the acquisition of another condominium, which I presently employ as a house hacking investment strategy.

I'm going with 2 sentences...Tax benefits are secondary to the value of the investment...The large percentage of wealth held in retirement accounts is particularly notable given the tax advantages these vehicles offer.