We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct against our W2 (assuming material participation).However, we have been reading through the IRS guidelines (eg publication 946 on Property Depreciation) and there seems to be the concept of "short year" which would mean that we can only deduct ~1.5/12 of a year's worth of depreciation in 2024.Is this correct or are there any different rules for STRs specifically?

You don't need to pay a trainer or a coach, unless you have plenty of money and want to take off fast.

Perhaps there is a reason I'm not aware of?

Quote from @Marc Winter: After many dozens of flooring replacement jobs, I'd recommend LVP (vinyl) for most installations. 

Liquid cash flow of $200 to $300 per month is only going to take you so far. 

But most importantly, they do not need to be paid back.Funding Sources:Local Government/MunicipalitiesState GovernmentPrivate FoundationsFederal GovernmentFamily OfficesCorporationsWhen applying for a grant, ensure you have an understanding of the details such as eligibility, your project readiness, the purpose, funding amount, areas of funding, limitations and deadlines for the application.The prime candidates for a grant are 1) those developing a real estate project or physical space, 2) scaled non-profits and 3) certified non-minority owned businesses.Ensure you are able to provide the following documents before applying for the grant:Show site control through documentationA project description or business planConceptual drawings or renderings of the physical spaceProfessionally prepared budgets for the company and projectWhat does the grant application process look like?

This is the same type of pitch other gurus are using. 

So you’d still have plenty of funds left to pay off debt. 

We have good tenants in there entering year 2 of a 2 year lease.

@Randall Ayers  It doesn't matter where the lender is located, as long as they can offer that type of loan in Colorado.