@Scott TrenchBP or any forum participants will always lean towards the “positive” viewpoint.  

I recently participated in a Florida Vacation Rental Allance (FAVR) panel and the topic was knowing the difference between the customer journey and the customer experience for STR's.

Do you think less experienced investors and forum posters will want to participate when mods behave this way? 

I'm looking to participate in the upcoming Sheriff's sale in York, PA and I would need financing.

I’m a real estate pro so material participation isn’t an issue, but the majority of my clients are in the $300k-$900k/yr gross household income range and so using STRs is not only the best way to get great ROI on real estate nowadays but the tax benefits are the primary driver for most including myself.  

I am an investor based in Fairfield County, CT and just rejoined BP after many years away.From 2005-2011, I got up to ~150 units in SF & MF both rehab & new construction, Class B & C, but (regrettably) sold all to focus on institutional real estate and private equity.Since selling off, I got an MS degree in real estate and participated in most asset classes institutionally ($10-250mm+) with a focus on SF & MF.

But what you’re encouraging is that when I am 23, I should use the first 4 or so years just building a portfolio of LTR’s and then when I am 27, look into leveraging STR’s to meet the “Real Estate Professional Status” and “Material Participation” the IRS outlines, correct? 

Looking for advice - purchased first STR 2023 and we qualify for active income based on rule 3 of the material participation test.

The rub is there's no way to force the seller to participate so there's a chance you could end up having to file a claim anyway. 

But the mastermind course contents and participants gave me confidence to do something.I agree that I can squeak out an OK return if the current course and speed continues.