Its great to hear you're going the direct to seller route, its by far the method with the highest margins. 

The issue is I need a little capital due to another renovation but I can’t cash out refi the lender cause my credit took a dip just below 660.

Vacancy rates have risen to 6.5% as inventory outpaces demand, though easing inflation could revive demand.Hotel PropertiesHotel occupancy has stabilized at 63%, still 3% below pre-pandemic levels.

In contrast, a repair would be a smaller fix that maintains the roof’s current condition and is deductible in the same year. 

I currently manage 18 properties in San Antonio.

I would like to add what qualifies you are a short term rental investor that can take advantage of this "loophole" below: The short-term rental (STR) tax loophole allows property owners to classify rental income as non-passive, enabling them to take advantage of certain tax benefits even if they don't qualify for Real Estate Professional Status (REPS).

Establishing direct contact with the sponsor is crucial for obtaining detailed and specific information.

Is there a legal timeline to update current investors about a significant change in the investment?

Are there any verbal agreements or arrangements between the current Landlord and Tenant?

You are able to deduct that passive loss up to $25,000 if your income, including your husband's if filing jointly, is below $100,000.