Do you have a bookkeeper or someone helping you prepare taxes or are you managing the finances all on your own? 

Please note that this post is for informational purposes only and is not intended to serve as legal or tax advice.

Simply having a bankruptcy in the past doesn't mean that the tenant won't pay the rent.

You do not want to purchase into an HOA that previous owner did not pay his share of up coming cap ex leaving the buyer to pay the majority of the costs.   

If they allowed new windstorm approved manufactured homes to replace the old ones the tax basis would go some $60 - $100k on each home. 

I have a few commercial and LTR but keen to get in to STR for some monthly returns but also as  a tax strategy.

My thought was could I get it under contract and then market it to be sold and at the closing i would just pay them what we agreed upon and i keep the extra.

People pay premiums to rent out full units and you have added privacy and easier to get lending on (lenders will count rental income on other units versus won't typically on bedrooms).

If you are able to make cash flow on the investment and have it pay for itself in the time of owning it, then it may make sense.

The customer only pays 1 price that includes the price for rehab and purchase.