Currently the portfolio is 5 properties, 7 doors, valued at $1.2M with $558K equity.

I'm definitely naive on the tax side of things and we are about to begin talking with tax strategist to best maximize our deductions. 

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

But is this possible with my current capital?

It’s relatively close to Houston and has strong demand due to Texas A&M, events, and business travel, making it a flexible market for STR and mid-term rentals.If you’re open to exploring other high-performing areas, I’d be happy to share insights and data with you.

Here's an article with additional FAQs on cost segregation studies that you may find helpful.

Purchase price: $171,000 Sale price: $185,000 Contributors: Peter Vekselman Partner Driven teamed up with Nathan Ward to secure a profitable deal on Day Rd in Leoma, TN.

Work with multiple brokers, as a buyer - don't restrict yourself to a single broker.

purchase and rehab, sell 236k, with seller contributions, holding closing and selling costs ...

If it pays for itself, it provides you with a "free" place to live during the off-season.