Work with a tax professional (preferably a CPA that does tax planning and not someone at H&R Block or TurboTax) to ensure you qualify.

Where do you plan to find your deals?

We are planning on purchasing an STR (probably condo) in the Treasure Island area of St Pete.  

I'm finishing up an ADU garage conversion in Downtown Sac and plan to do medium term rental for travel nurses.

Ahmad's post was comprehensive and unbiased based on his experience after thoroughly vetting the program.

We are starting the process of analyzing deals, making a plan and executing on it. 

What is your plan after rehab.

On the other hand, self-education through books, podcasts, and free resources is cost-effective but requires discipline and a clear plan.

I highly suggest getting your feet wet in your local market if possible if you plan to rehab or manage the property yourself.

And also, know everything about operating real estate, if you really want to know the risks: business plan, financing structures, ability to execute, market research to vet their underwriting assumptions, how fees can influence investment decisions...3.