Early on, rents would remain market-aligned to ensure the portfolio generates the income needed to cover expenses, pay investors, and reinvest in expansion.

My current brokerage does not help generate any leads or anything like that.

You will then use the K-1 generated to prepare your tax return. 

I’m exploring the idea of turning it into a furnished long-term rental to hold onto it, generate income, and possibly return to STR when things settle down.However, I’m new to the furnished LTR space and would love advice!

In many of these financings, the buyer paid a purchase price based at least partially on the increased cash flow generated by the property being “proven” as a successful STR.  

So you can have section 179 losses for your rental even if the rental isn't generating positive taxable income, as long as you have other active income. 

My other positive is the money that is generated from taking out the loan can be used now vs. locked away until you are 59 1/2 years. 

When you have enough data over a long period of time, there should be enough to generate a useful score. 3.

My primary focus right now is on finding opportunities to generate passive income through real estate investments.As a beginner in the field, I’m eager to learn from others who have gone through the process and are now experiencing the rewards of their hard work.

So, often times even if 1 or 2 of the units in the building are not generating any rent, the remaining rents are still enough to pay for all of your property’s expenses and you don’t have to come out of pocket to cover them.