As far as financing, you should be able to purchase the property as a regular investment property - no need to go the commercial route from my experience.

You can request recent pay stubs, an employment letter, or bank statements that show regular income.2.

Navigating the mortgage landscape can be complex, but I am dedicated to making the process as smooth as possible for you.Looking forward to connecting with agents and investors sharing some of the experiences we face in the industry on a regular basis!

@Brody Veilleux yes you can have deferred taxes from regular operating expenses, but it depends on cost of building.

And outside the exchange you'll have to note which is not non-taxable except for the interest. 

S Corp is disregarded pass thru entity; C Corp is a taxable entity itself.

No sewer line is perfect and most can be repaired or limped along with cleaning regularly or minor spot repair rather than requiring expensive work or replacing the whole thing.Hopefully you can work this out amicably and negotiate that price down!

Are you factoring in regular maintenance, CapEx, turnover costs, or paying the PITI when you have vacancies or a tenant isn't paying? 

@Pretty Khare As Ruben and John mentioned above, you can utilize a cost segregation study on your STR property to reduce taxable income (or create a taxable loss) to offset against your W2 income, but you need to ensure you are following the IRS guidelines very carefully.

Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."