How often do you use it personally or let friends/relatives stay? 

Are you buying the property in your personal name or LLC?

Look into DSCR loans, which use rental income for qualification, allowing you to scale without relying on personal income.

He personally screened every tenant, handled every maintenance request, and even showed up to mow the lawn at his properties when the landscapers were running late.His phone rang constantly—contractors, tenants, vendors—all needing his immediate attention.

The deadline to file for properties purchased in 2024 is January 31, 2025 for the benefit to roll forward this year..Other Important ConsiderationsThe exemption doesn’t apply to agricultural property, personal residences, or property assessed by the South Carolina Department of Revenue.Even if you missed the initial deadline, you might still qualify for partial benefits in future yearsHow to Apply for the ATI ExemptionApplying for the ATI exemption is a straightforward process, but it’s essential to act quickly and provide the necessary documentation.

I have from time to time spoken with the city administrator, economic developer, & a person at building planning commission.

I have no personal experience with them but they are the only company I know of that are built more for self managers and small portfolios. 

Someone local who has familiarity with this would be your best person to give you the information you requested.

But lowest risk with conversely high returns might still be worthy to try. 

The challenge was separating business from personal relationship.