I guess my fear is purchasing a home in STONE county and then applying for it to be a STR and being denied. tonight there is a meeting of Stone County Planning & Zoning and there are two families trying to get the zoning of their home changed to operate a STR.

It does not apply to the Columbus market where I invest and broker deals.

@Eric Tullius  What benefit would @Mel Park receive by going under contract with a wholesaler as opposed to entering into a contract directly with the end buyer either through the MLS or other means where Mel has far greater control over the transaction?

I could use some expert advise and any help to lean me in the right direction. 

Short answer: no, not a direct offset.Longer answer: if you already have enough itemized deductions to exceed the standard deduction, then yes.

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

Can you give me direction of what makes most sense given my long term plans?

It is true you can self direct your Roth into real estate investments.  

Or you need to request the info directly from the chosen tenant later....that's the issue with landlording this way.

However, the same liability risk also applies to unlicensed individuals.As long as you abide by the rules and follow the laws, the threat of litigation can be avoided.Make the Right Choice for Your Investing JourneyFor some individuals, a real estate license can significantly improve investing opportunities.