., lower Airbnb income, longer renovation time)Consider professional property management to reduce your workloadEnsure you're compliant with all local laws and regulationsFactor in potential capital gains taxes or other tax implicationsRemember, while the potential returns look attractive, real estate investments always carry risks.

Obtaining a $200K loan to cover the tax appears to carry a similar risk of a lien, potentially jeopardizing my mortgage approval.What would you advise in this situation?

You may be looking at single-family homes and miss out on a multi-unit property that does not cost anymore investment cash than the single-family and you will miss out on a gold mine that can make youfilthy rich.99% of all investors, including the gurus, do not know how to analyze investment properties the right way.

I am not a guru or a podcast host, just a resource to help you carry out your plan So basically high priced garbage.

But when it comes to conducting Cost-Segregation studies to “accelerate” the depreciation of a property, can I still “carry over” additional entitlement from, for example, my first tax-year into the following years even if I am not meeting the REPS criteria through STR’s? 

You can attempt to raise from a 506c but it will cost you $25k to get started, then if you did get your first $100k  and you are paying them 10% and you are making 12%, - great you just made $2,000 and that is assuming you were able to fund an entire deal immediately and have zero holding or carrying costs. 

California carries more risk than Wyoming).The facts show that risk is negligible.

We recommend investors carry a minimum of $1M. 

Before you buy, make sure to get the latest rent roll (a breakdown of what tenants are actually paying in rent), the tenant ledger (which shows their payment history—whether they’re paying on time or carrying a balance), and of course, a copy of each lease agreement.Too many investors rely on what the seller says, which often doesn’t match up with what the tenants are doing.

Talk to your CPA / Financial planner about this option as it does carry risk!