It's your books to report how you want, and to me it's not not illegal at all to do what you are doing.

Sejin - Have you read your fair share of books as well as listen to podcasts?

I just read a new ranking of market ratings and I was not a fan seeing MN ranked 99.9 out of 100 potential score.

(note: there was a whole chapter in the book "The Psychology of Money" regarding this)

The property will need to have a slight rehab to get it up to STR standards, but when complete it should easily be a $200k Gross booking revenue property.

We follow David Lindahl’s Multifamily Millions book written in 2008.  

We do everything 100% by the Book, and through an easy and proven process.

I am just saying what i have done not necessarily that would fit your needs and certainly as a Anderson client you can get their opinion, book a consultation or  ask your question on tax-tuesday  webinars. 

Hey Mel, What you are talking about is an MTR, which BiggerPockets has a book on in the bookstore called "30 Day Stay" ;). 1. you can leave it stocked the exact same.

But also with low debt or free and clear property that they can easily access any time in the future with a cash out refinance.Thanks Dave-I'm reading one of your books now.