Tax considerations involve a lot of personal, specific considerations so you are on the right track going for a CPA (make sure they are familiar with income properties and short term rentals).STR is a business and involves "active" income versus "passive" income associated with typical long term rentals.A few general things:1.

The pool, I can't speak for since in my market of Cincinnati, OH, pools tend to hurt values, but we only get about 2-3 months of use due to climate.Back to bed and bath, while typically more beds and baths can help value, if you are just cutting up the property and making everything too small to be useable and/or you have to walk through one bedroom to get to the other, you could very well be better off not adding it.  

I left utilities on and visit the home and work out of it 2-3 times per week. 

I was hoping to rent it as a MTR and just keep the utilities in my name and pay them as part of the rent, however, I am not getting any hits so I need to do something different.

You can also directly partner with flippers but that typically involves a higher degree of risk, and is typically less passive than just holding a note. 

May not be typical but seems to be a great product.

Cap rates are essentially a reflection of people's expectations, and are typically on a leash by market rates.

Buy or inherit and hold all their lives while working the properties for income.I've seen teachers, firemen, software engineers and all sorts of people utilize both strategies successfully.

Phase 1 - demo of a greenhouse sitting on part of the land - site utilities and 12-unit building turkey construction budget $2,043,100.00 -- $2,177,500.00The estimated rents would be approximately $1k per unit on average for mix 1 2 & 3 bedrooms- I feel like construction is so expensive and the market doesn’t support higher rents from what I’ve researchedShould I : 1) try to partner with the local government for affordable housing loans and grants?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.