This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.

It was my only option because I had limited funds and wanted a better future than my day job alone was going to provide.

Providing a lease to the appraiser can also help in giving them an idea of the rents that you're expecting on the report while also confirming that there is demand in the market already for the value that you set the property at.If you're looking to refinance a property using a DSCR I would be happy to help!

In my experience it is common and customary for the landlord or builder to provide TIA, tenant improvement allowance, to the tenant to assist if not cover the majority of the internal buildout. 

That's a big deal, and should provide encouragement to others who are on that path. 

One reason was the condo management company wasn't doing a great job and there were always extra levies. 

I will be honest and let you know that your agent should be sending you personalized deal flow and providing numbers on why they think it's a great deal.

(I work with some challenging populations and the extra effort has paid off in these situations.) 

Extra set of eyes, second opinion and diversity of your own investments

He could provide you with some good insight in and around the area!