.- Material participation rules still apply: If you meet the IRS material participation tests, losses from a short-term rental can be treated as nonpassive, allowing them to offset W-2 or business income.

To test if your lawyer knows anything about tax sales, always ask a test question. 

Hi Charles, because the sale was considered completed 3.5 years ago and you met the ownership and use tests for the home sale exclusion, you would not owe additional capital gains tax upon receiving the full payoff from the buyer's resale.

If you get into an FHA 3 or 4 unit, you will have to deal with the self-sufficiency test, and I dont know how many multifamily properties in FL will pass this. 

Also, test them with real scenarios before hiring—this strategy can get chaotic, and you need someone who can keep things running smoothly.Are you self-managing, or do you have a local team handling things on the ground?

The simplest way to raise capital is by presenting a compelling investment opportunity, clear execution plan and a track record or at minimum a proof of concept.

Quote from @Steve Vaughan: I haven't bought into a syndication ,  but I will name drop a couple proven, tested ones I'd consider first if I went that route, if I could even get in /if they had an offering:  @J Scott of Bar Down Investments and @Brian Burke of Praxis CapitalBoth have written excellent books as well as posted and blogged about how to vet sponsors if you want to do further research.   

Inflatable hot tubs can be a budget-friendly option, especially if you're testing demand before committing to a permanent one.

It's really simple to use and to test various scenarios. 

I am open to trying what you do with the higher price on one of my properties just to test it.