I'm an Air Force vet and reservist that got my start investing in real estate part time and eventually swapped to full time!

Even then, the IRS may scrutinize the transaction if it appears the intent was to immediately convert the property into a personal residence.Additionally, if you eventually sell the property after converting it to a primary residence, you may qualify for partial benefits under the Section 121 exclusion for primary residence gains.

My dad used to manage other people's properties but eventually quit because the money wasn't worth it and he always ended up prioritizing their properties so as not to get any hassle from them.Another way to approach this might be to go all in on one project yourself and see how far that money gets you. 

I believe it'll help with eventual resale of the property as well.

We may be able to move back eventually in the next 3.5 years.

Rufo, so you are violating the HOA rules so I don't think they would cover anything if it is the fault of your guests.This will eventually catch up with you and could result in some big fines so maybe think of selling this or converting to a LTR instead.

They eventually declared bankruptcy.

I’d love to learn from all of you, connect with like-minded people, and eventually achieve financial freedom together! 

We eventually plan on adding more properties and its not whether we should or should not create an llc, I believe we are set on it.

After ignoring them they eventually went away.