Then there is an upsell for another strategy.  

It's always better to check with your brother's CPA since he has all the background, but I would say short-term rental with material participation requirements met by your brother, then do cost segregation.

What are you gonna do then?

Quote from @David Kendall Jr: These are all goals that you will set, then you need to back into those goals by numbers (KPIs).

I always tell investors that if you're single/young, you should definitely house hack once a year and then rent them out and keep rinse and repeating every year.

If they buy something for your property and you pay them back, it’s just like you bought it yourself—so you can count it as an expense in your bookkeeping.If they don’t get reimbursed, then technically it’s a gift/donation, and you can’t deduct it as an expense.

I didn't know there was a different type of insurance that I needed.I had bought the home with a standard mortgage and standard insurance and then I decided later that I would flip it. 

@Lexi Blocksom suggest you discuss in detail with @Russell BrazilYou've made a mistake thousands of naive investors have made - expecting Class A results from Class C & D properties:( In general, you'd want to compare what you can sell the property for now versus what it would cost to update it and what you could then sell it for.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

If you are also allergic to dogs, then no pets if you want to use it regularly.