I'd buckle down and apply every saved dollar to the lowest balance business credit card, then the next until all 3 are gone. 

• Purchased directly from a mom-and-pop operator off-market• Secured $1M credit union loan and raised $500K equity to close• Existing owner had inflated expenses and below market rents• In-place rents approximately 30% under market at purchase• Expense ratio at least 10% above the norm How did you find this deal and how did you negotiate it?

All this after talking to the loan officer about every single detail before applying and them saying that there will be no problem with the loan.

Has anyone done this and would be able to point me in the right direction to make this work?

Link: Signs of a good short-term rentalThe short answer though would be that I really like STR if the market is there for it and if I'm gonna be local (even if I'm not managing directly myself).

View report*This link comes directly from our calculators, based on information input by the member who posted.

(& direct people to this thread - Perhaps we'll get some take-up in the future...)

It just so happens that none of the individual expenses exceeded the $2,500 rule even though the aggregate cost to construct a set of cabinets (example) may exceed this threshold.Since 1.263(a)-(f)(6) specifies intent rather than the end result (Unless you think (6)(i) would apply), since the intent of the taxpayer was not to manipulate this election for a tax benefit, my assumption is that they would be able to expense all of the items normally.Just looking for confirmation as I'm pretty confident my understanding of the regulation is correct.

It may not be obvious now, but I believe it will soon down the road when SB9 is applied

That land is directly in the path of growth with many local farmers in the area selling their land to developers putting in high density housing.