We have good success with STR and MTR, lots of Universities here, 2 Air Force Bases, Air War College, Space Force, 3 hospitals, Amazon distribution center, Meta data facility, Hyundai manufacturing, 2nd lowest taxes in the nation.

In our property, the house was open to the air in the damp environment of coastal Florida, no heat or A/C at the house.  

& different parts of the asset can be depreciated on different schedules.To find out the useful lifespan of each component, you do a cost segregation study to analyze all of the parts.The raw land can't be depreciated so you start by giving that a value first.But other items can be depreciated on a quicker timeline.A roof, road, sidewalk, fencing, walls, gates, doors, latches, flooring, air conditioners, pavers, curbing, landscaping, etc.The IRS has a depreciation schedule for each type.Some parts are 5 yrs.

Originally posted by @Mike Jacobson:We sold our hotel in the spring of 2018. 

In which case you are likely better off going to forced air.

I'm hoping to see more of this and praying it gets passed bc we have 2 strs in Hot Springs that have been slapped w/rediculous annual fees and investment hindering regulation.

@Pascal Enohnyaket I would argue that Winter is the best time to start a BRRRR followed by Spring.

You would be a breath of fresh air.

I went to the MFM meeting in Orlando in spring 2024.

It's like their Spring Break or Rumspringa.