Hometap claims "no interest" but if you look at cash now vs. percent equity they'd take in a future sale, the implied interest rate is something like 25%.Are there private investors out there who are interested in doing similar deals with better terms? 

If the conversion of use doesn’t trigger any depreciation recapture or other negatives, then I could theoretically: buy a home, rent it as an STR for one year, claim all my bonus depreciation to offset W2 income, and then covert it to an LTR year 2.

I'm not sure how California law works but in my state of Oklahoma the first step is to get a judgement against the tenant in small claims court.

Obviously, all this income will funnel down to you on your tax return, but you should have go into your LLC if you have it titled that way

@Matthew Gunderson yep, get ready to start paying for the 2020 derrecho and the countless hail claims. 

At the moment Im into wholesale and tax lien/deed.

You could use the equity in your house, likely tax-free since you lived there the last three years.

When a guest makes the claims you're dealing with, just refer to the photos.

I think you're right if you categorize them on your taxes as maintenance they will limit you more on a refi. 2.

Many owners now trying to flip them to MTR, so now that market is also probably over saturated.If you are super creative and maybe have some great connections with demand generators....like you work in the HR department of a reginal hospital or are a transplant coordinator or maybe a placement/claims adjuster for an insurance company, there is probably hope.