The way I see it, It does not matter how many appointments  I got if I cannot convert those deals, since I cannot go personally to see those houses and talk to those sellers.

I've only operated 1 short term rental that I helped an owner convert to a midterm rental.

@Valentina Manzati Because financing an investment purchase is going to require at least 15% down, you're going to need to focus on a property that you can call your primary residence, meaning a 1-4 unit home you live in while renting out some of it, or a 1-4 unit home you live in for a year and then convert it to a rental.

@Albert Bui @Carlos Valencia There is no offset when you live in the 2-4 unit remember its a full HIt to your monthly PITIA and yes you can use the rental income but only as an addition to your qualifying income, you're still taking a FULL hit on the PITIA.Its only offset when you vacate or move out or it has already been converted to a rental (pure investment/non owner property). 

If this Cap is allowed to expire, I would think that there will be a rush to take advantage of it.That should increase demand for higher priced Homes because the Standard Deduction gets reduced significantly AND you can go way above the Standard Deduction by Itemizing the SALT Deductions.If your comps are Single Family Homes and/or small Multi-Family that can convert to an Owner Occupied (think BRRRR here), it is well should rise in value as the Federal Tax deduction lowers the monthly payments for every homeowner with a large Mortgage that also pays State and Local Taxes. too funny I had not thought of the Salt deductions in years and today it popped into my mind then you post this.. very true for high priced markets this will be a huge bene

Plan out the kitchen space to the INCH.

I specify that it has to be at least 1000 square feet (SF) (bigger the better), it doesn't have to be a 3+BR, but if it's not and at least 1000 SF I can convert it to be a 3BR.

In the meantime, we purchased a home with the intention of converting it into a short-term rental (STR) once we leave.

So, in that vein, you can find a home a builder thought was perfect with the extra spaces maybe 70 years ago and convert them into bedrooms.

(You won’t get the ongoing tax break and you’ll be selling or paying the taxes to cash out.)You convert capital gains income in to regular income.