DM me - Happy to share learnings so far and give you an agent referral.

I had a client in Scottsdale last year who faced a similar dilemma—they were purchasing an STR in December, with existing rentals in place, and they wanted to take full advantage of bonus depreciation for that year.So, for Question 1, the short answer is no, it doesn’t necessarily negate the STR loophole for 2024 just because a property management company is running the show for a few months.

You should have titled the property in mom's name, with a mortgage and an option to purchase it from her for the $75,000 at any time to protect you, if something happened to mom.

Hey folks any thoughts on buying an investment home in Forney texas?

If you're an out-of-state investor or are thinking about becoming one, what's the most important thing(s) for you when you're working through the process?

Also keep in mind that with some carriers, loss of rents/income is an "optional" coverage that must be elected, while others automatically provide this coverage within their policies. 

Potential for an adu via basement or garage for additional renovation costs. 

I found a lender who’s an investor like us who figures out ways to get it done for investors.

You can easily unclog a faucet, and even showers can be unclogged using an air compressor.

I believe for an additional fee you could retain access to the replays forever but replays for 30 days were included in the $47 cost so I wouldn’t waste my money on forever.