Would you be looking for a "fixer upper" type property or something with little to no rehab (aka "turn-key")?

Quote from @Lawrence Mitchell: Yes I am@Lawrence Mitchell What type of property are you looking to house hack in, SF or 2-4 MF?

When you mention STR, are you referring to a specific type of short-term rental classification, or is there a particular regulation you're looking into?

What made you interested in investing in this type of deal?

If your current CPA can't provide this type of advice, maybe try the BP pros finder tool (I will post the link below) or hopefully someone will comment here and recommend a real estate CPA that they worked with before.https://www.biggerpockets.com/business/finder/searches/ffd0c...

There are types of deductible debt: - Acquisition debt (a loan to directly acquire an asset)-Renovation loan (loan against an asset, used to renovate that asset)-Replacement debt (a loan which is a refinanced replacement of an initial qualifying replacement). 

What type of properties are you targeting?

I have a real estate attorney that I have worked with in the past and will work with him on this also.Does anyone have advice on next steps and/or examples of terms, operating agreements, types of LLCs ect. ?

The surrounding towns are a popular choice for families looking for a more wholesome setting.

I have been doing these type of loans for 30 plus years and buying foreclosures since the late 70s.. seen it time and again  ..