That’s an incredible return on investment!

I’m sorry to hear about the situation you’re in—it sounds incredibly frustrating, especially when communication from the syndicators has been so lacking.

High-speed internet, a desk, good coffee etc will be different than a family staying for a vacation. 

I wanted to introduce myself as I am incredibly anxious to step foot into the incredible world of REI and would love to know if there are any local investors that meet/would like to meet on a semi-regular basis.I currently have a full time job in outside sales in the Arvada area so I do a lot of driving around which enables me to spend a lot of my time listening to podcasts and educating myself but I would love to get to know some players within my local area to really dive deep into the subject and in which I could potentially be of value in the future.

Then you have wiped the slate clean on the loss carryforwards, that $200k of released loss carryforwards offsets ordinary income first - so you will actually get a great result.Then, in 2025, when you have no more pass loss carryforwards, consider making that real estate professional status aggregation election, and utilizing cost segregation on properties you acquired in a prior year.Of course all of this - get some real tax help, I'm just another guy on the internet here, and there should be a deeper dive on the circumstances than what you can get through a forum posts to ensure this all actually works properly in your situation.

Having to pay a mortgage somewhere and rent somewhere else sounds incredibly stressful. 

It does not cover phone, internet, or TV.I'd open up the STRs for locals in need.

@Jonathan Greene what you're saying is incredibly true about adding value.

I live in Miami, FL and don't want to buy here since prices are incredibly high.I want to invest in growing communities, not exactly sure if I want to buy an AirBnb as my first out-of-state investment or 3-6 month short term, or a 1 year+ property.

I would strongly encourage getting one with good internet, as a bunch of the tech crowd from Atlanta will rent it out in order to work remote.