That said, there are alternative ways to meet the requirements, and with proper planning, you might not need to rely on these specific tests if most or all of the participation comes from you during the first year.

What specifically are you looking for?

With the massive increase in STR properties in the US, I am hopeful that lenders and appraisers will evolve to apply income/exp metrics to STR deals specifically, on top of generic property comps.

Pre '2010', maybe just maybe it will lean heavier on the fundamental mechanics than specific processes. 

One of the most important steps you can take as either a startup landlord or seasoned one is to use a platform specific to property management as it will elevate your operation and save you tons of time.The good news is that nearly every software designed for landlords includes these features.

Big welcome.. do you have a specific neighborhood in mind, or are you still exploring?

DSCR loans are a great option for investors looking to scale their portfolio as they are property specific and allow you to close in an LLC

The short-term rental (STR) loophole allows for different treatment of rentals with an average stay of seven days or less, but this doesn't change the REPS hour requirements.There is no official IRS form specifically for documenting REPS hours.

And are there any specific permitting issues popping up post-storm?

Hi Shawn, I don't think the verbiage in a notice like this is state specific.