@Preet Oberoi Purchasing a short-term rental (STR) or tiny home to offset W-2 income with depreciation can be effective if structured correctly.

Part one is the lowest cost to the REI. 

You will see more of these types of changes coming out of government, we can’t build all A properties at ungodly numbers for dirt and building costs!

Insurance cost is a huge problem here for all Associations.   

But the real secret to making money in real estate is finding the right properties at the right price—and that's where off-market deals come in.Off-market properties typically cost less than those listed on the MLS because sellers are often motivated by reasons other than price, like financial distress or personal circumstances.

What can happen is PMC 2 charge you 4%, but when an offer comes in they may have to negotiate with you to include the other agent's commission in the sales price, which may cost you depending on what the property appraises for.

Get replacement cost hazard insurance along with an umbrella policy of at least $1M, probably double in your area.

I BELIEVE this credit would be treated just like covering buyer’s closing costs. 

No closing costs,etc.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.