If you are looking to buy the sub $300K all-in cost single family flips or the $200,000 duplexes, you are going to be competing with a lot of market participants.

Or if you are using the home as a short-term rental, you could try to qualify as "materially participating" and use the short-term rental loophole. 

AND materially participating in your rental activities (spending 500 hours or more on your rentals OR 100 hours and more then anyone else OR doing all the work) 

You need to be materially participating in those hours for them to count.

The program had a very small sample size as there weren't many participants + as you mentioned, renovation/conversion costs were extremely high for landlords.For your question, an architect would be a great contact.

--------------The rules regarding 401(k) loans can vary depending on the specific plan, but here are some general guidelines that may apply to your situation:Employment Status: Typically, 401(k) loans are available to active employees who participate in an employer-sponsored retirement plan.

I have some questions about the material participation rules for the STR tax loophole.

Let me know if you'd be interested in participating!

The email mentions that participation in the ULA ERAP does not create a tenancy with the City of Los Angeles or the Housing Rights Center (HRC).1) I am actually planning to subdivide my lot and build a few more houses on the divided lot.

Participating in a group focused on MTRs will give you exposure to a lot of other traveler types and how to market to them.