Quote from @Stuart Udis: I am always skeptical of these real estate "gurus" and course providers.

As long as you're living in it as your primary residence and can provide proof of that, you can continue with Owner Occ tax rate.

There are plenty of great renters aside from travel nurses looking to rent by the room and most will be outside of the healthcare field.To your questions:If the home will be furnished,  Furnished Finder will need to be amongst those that you use.Other top platforms: FB Marketplace, Zillow, Roomster, Airbnb, Nextdoor.  

How much "fantasy" is provided?

All that to say, I'm not sure when they will want to cash in and sell the lot due to the appreciation the subdivision has provided.

I found the son on Facebook and sent a quick intro giving my condolences, expressed my interest in purchasing the property, and provided my phone # in case he decides to follow up.I'm in the process of preapproval with a couple lenders, and have reached out to a couple realtors in my area to see which may be a good fit.

This is a physical asset, not paper, and it's providing consistent income.Albeit for your not understanding tax laws and depreciation, I'm wondering why there's a question as to what you should keep.You understand capital gains, but I'm pretty sure you're not familiar with depreciation and loan paydown.

Many of these PM's have too much on their plate and are unable to provide you with consistent communication.

So actual benefit is hard to nail down until it's actually tested/required to provide protection in the event of a lawsuit. 

So I’ve read that unbrella insurance providers require you to use them for car and home.