So one question I have is does anyone know any tips to get around this unfortunate law?

I also don't know if 'gross profit' is a standard metric (vs. net income as on line 24 of a schedule E) on STR income statements or not (again, I've never owned/managed this asset class) but on the surface it looks like you would have some direct labor costs (somebody needs to manage the inn, so to speak) and recurring utility costs at a minimum. 

You can also check their reviews online at Google, Facebook, or Yelp.

Id like any advice and tips.

I gave the waitress a $50 tip. 

Thank you for the tips!

This applies to things as small as a 3-unit mixed-use building with a store-front or a 5-unit residential.That said, I wouldn't dream of syndicating anything under about $3M dollars because the overhead is just too high to absorb.

I would think that short term prices would suppress on SFH's but from a little bit of online research about the RE effects of other hurricanes, that seems not to always be the case as demand goes up as rescue money and recovery related personnel pour into the region.     

David Greene has a book about long distance real estate investing right here in the BP store.

I can't find this anywhere online.