Thank you so much @Greg O'Brien, I just bookmarked this thread, I stayed up until 2am last night trying to find answers to this, confused by different professional opinions and IRS publications.I'm trying to use STRs (rented out 7 days or less with no substantial services provided in which I materially participate) to reduce my W2 liabilities and my biggest concern was if doing this will trigger Self Employment taxes.If I understood correctly, in this situation I can use depreciation losses as active against other active income (which is what I want).

I’m glad to hear you’re enjoying the site so far.At this stage, the biggest thing to focus on is your strategy and how much time you can commit.

The biggest is that the budget is more "consistent" than in a remodel. 

One of the biggest hurdles right now is getting a deal.

My biggest question I always get asked after I explain it to them before lease signing is the no pet policy.   

The concept of absolving themselves of personal guarantees , most likely is the biggest reason to sell.

My biggest concern is that some of the houses right across are multi-family duplexes.

I've listed the criteria from the analysis I used from Policygenious (and here's the full article:https://www.policygenius.com/homeowners-insurance/best-and-w...)Drought is the biggest concern for AZ, along with high heat.

Your biggest expense will be adding a sprinkler system since this type of zoned property has to have one.

The biggest challenge is all realtor appraiser are an in the moment snapshot.