Miami is still doing well, Fort Myers is adjusting and has lower real estate than 12 months ago, etc..)My simple thought, for what it is worth, is choose a place to live and not invest in:  choose the location you and your family WANT to live in ( because of the schools, taxes, weather, other family there, etc...) and then buy and do real estate there (and get whatever licenses you need once you start third party management).I wish you well!

And even if the tenants chooses to stay in your property for 2yrs, the damage they may cause will eat away all of your cash flow and leave you potentially upside down.

This applies regardless of the type of deduction you choose to take for the vehicle.If section 179 doesn't work in your situation, there is bonus depreciation, which allows for a deduction of up to about $20k of the value of the vehicle for 2024. 

So choose wisely and good luck I like the passive nature myself of boat and RV storage.

Choose to learn from this and just be better to those that come after…

I get more bookings from airBnB then from any other OTA yet AirBnB is the OTA I have the least positive feeling towards.I hope the new STR owners/hosts realize the risk they take if they choose to list on a single OTA.I think you have a good reason to follow what you believe. 

Here are the reclassification percentages.HOW DO I CHOOSE A COST SEGREGATION STUDY PROFESSIONAL?

Each option has different implications, so choose based on your financial goals.

The unfortunate side effect of moratoriums like this and the court rules, is that many residents think they do not have to pay rent and are choosing not to whether experiencing a COVID hardship or not.

Stop reading if you want.2) I couldn’t guess what “There is a 6 months of grace period before interest payment begins” means.3) They call their $3555 charge a “Loan Fee,” stated a few lines up as 2%. 2% of $235,000 (loan amount) is $4470.4) Do you seriously believe the loan fee, “… IS 100% REFUNDABLE IF THERE IS ANY DEFAULT FROM THEPART OF THE LENDER OR IF THE BORROWER CHOOSES TO TERMINATE THE LOAN.”5) It’s okay to pay an appraiser directly.