Just focusing on the tax issue for you: 1031 Exchange in 2025: If the leaks keep coming, selling and doing a 1031 exchange into a more reliable multifamily could be your best move.

Is there a W-2 limit or is our CPA not knowledgeable on STR tax???

We took photos, made videos, and were told that they generally do not pay for electronics like TV's, electronic ice makers, and Air Conditioners since it is hard to prove who did the damage or when it was done.

Your tenants will pay your mortgage for you.  

I found a link to Bigger Pockets on a Reddit feed I was reading through while trying to decipher if paying for a wholesaling course/related documents is worthwhile.

Since the HVAC includes heating, I also needed to pay for a heat pump permit, bringing the total to $290.I scheduled a virtual inspection for this morning.

I’m pretty ignorant to how bonus depreciation works- is there a way to calculate how much of the 300k capital gains tax we could offset with a 2+ mil purchase?

You can do it without permits for less then 1/3 the cost and buyers will still pay a significant premium for a building with an illegal basement.

I started learning real estate investment to quit my full-time job and spend more time with my 3-year-old daughter as well as build cashflow to pay for her future private school tuition.

I have clients at my W2 who didn't do this and are now paying environmental remediation companies (like the one I work at) hundreds of thousands to clean it up, by order of the EPA, even though the PREVIOUS owner caused the issue.