This advice is greatly appreciated

Steve - We would be interested in taking a closer look at this. 

I’m looking to start this journey with a full head of state and I’m excited to pick each and everyone of your brains

@Sean Conroy, this really depends on two things: first, the land zoned in a way that you can subdivide and build more units (question for building/zoning department) and second, financial returns on doing this versus using the capital to buy.New construction certainly has its advantages on the operating side, and can often get a premium to remodeled, older units.  

This is risky since we are out of state so I am looking for pointers on how the transition works on a section 8 and really anything else you think could help my research.

This same PM company requires tenants to provide verifiable rental history?!?

This market is literally built for STR and yes, there are thousands of units and yes, it is very competative.

Maybe we could have a call to discuss the details. 

Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?

With rates as high as they are and RTVs this low, I'll probably barely breakeven (if that) if I did standard 80LTV.I like cash flow.