The largest high profile project on the beach was stopped and is in legal limbo.

The “due on sale” clause does not, in fact , legally CAN NOT, prohibit a transfer of property where the mortgage lien is not paid off.  

For other folks, here are some other entities that would, if you sold the property to, have negative tax consequences: YouYour spouseAny of your lineal ascendants or descendants (parents, children, grandchildren, and the spouses of children, grandchildren, — including legally adopted children)Any investment providers or fiduciaries of the IRAAny entity (like a corporation, LLC, or trust) where a disqualified person owns more than 50%Any entity (like previously listed) where the IRA account-holder is an officer, director, a 10% or more shareholder, or a highly compensated employee

@Julia France Here's an example of bonus depreciation: https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

Your new cost basis is only your existing cost basis plus any additional debt/cash invested.

I personally would set up a separate legal entity whose purpose is to manage STRs. 

It also depends on things like if you're investing in debt or equity (for completely different answers...again more safety equals lower return and more risk equals more potential reward ).

I would essentially be taking on about 4.2MM in new debt to realize $4,400 gain.

Using hard money, I kept putting my draws after each phase back into my pockets to pay off the credit card debt.

We raised rents almost 100% (on average). 30% upon closing and 70% 3 months later (all were on month to month leases and we gave legal notice).