The part that I'm caught up on is that in IRS Publication 523, page 11, it says the following, which is where I think my situation is a little different because I rented out bedrooms rather than units in a X-plex:The home is under my name, but we were planning on filing jointly.

My cash is tied up atm but I'm looking to make some connections and start learning and planning now. 

Bottom line who is the builder and who are their subs that will determine your after market 1 year warranty care..I do want to add that I also provide a 2 10 structural warranty policy which I pay for.. those cost about 1200.00 this warrants structure years 2 through 10. 

If you can actually invest into an OZ fund that takes care of the problem!

I've dove deep into the realms of real estate wisdom, heard every guru spiel, and read more how-to guides than I care to admit. 

Understanding how these entities can work together to support our cause is crucial.I am seeking feedback, resources, or any guidance on how to proceed with this plan.

Hello BP Community and Property Managers,I'm planning to take over as property manager on one of my rentals and I'm looking for input for a smooth transition.

Also be careful with the STR regulations being considered in many jurisdictions, do your research.Best of luck

Do you plan on self-managing (you should)?

I'm just telling him he's underutilizing his site by going one story and if he plans to exit he should plan around what an institutional level self storage purchaser will want. development is about exit or ability to exit and risk. in multifamily we build or try to build at least 150 units. not 40 or 60 or 80 there's no buyers.