I am still staying at home, my girlfriend has one more year of law school and then we will stay with my parents for one year before looking to buy our primary home with joint income.

Quote from @Alex U.: Most people know about the STR RE professional loophole.  

Three people signed the rental agreement, which states all tenants are joint and severally liable.

Mini splits are notorious for leaking at the joints if not properly installed.

I recently moved to Puerto Rico from the U S.If you need a cracker-jack mortgage professional with 16 years in the bag, do give a call.

It's called "Investing in Real Estate Private Equity: An Insider’s Guide to Real Estate Partnerships, Funds, Joint Ventures & Crowdfunding".

Just wanted to chime in since I did have some first hand knowledge and like everything paid training wise on BP there is a definite bias AGAINST and a thought process U can learn everything for free on BP and you should save your 9k and buy a 40k house in the mid west LOL.Lastly on the phone pitches and again to be as honest as I can be based on my experience.

I have property at the edge of Lehigh U that I thought would be for students when I first started out there. i quickly realized that student housing, especially in the smaller school, is a totally different business with different expectations and requirements, not to mention yearly turnover and parent involvement.

Simply own and live in the home for 24 months of the past 5 years from the date of sale, and receive a tax benefit of up to 250k of excludable capital gains from tax or 500k if married and filing jointly. 

Or info on any effects of changing ownership of the STR from joint to individual in the case of a divorce?