In this case, the numbers worked, so we bought the deal.

So it goes both ways.To say some have not done that would be wrong.

So you’ll be at least presentable when you apply for mortgage financing. 8.

Snowbirds stay for the winter months, so these are annually occurring midterm visitors.  

If so what was your experience and which brands did you use?

@Omar Gutierrez  That's going to be difficult to find, especially on a loan amount so small. 

In my opinion, you want something that will protect you, but is also understandable for everyone signing.Keep in mind that at the end of the day, here in Illinois, the state is generally contractor-friendly in the court of law, so making sure you document everything clearly with payment will protect you against any potential mechanics liens.We have had several projects that did not go perfectly here in Chicago because we overpromised and didn't keep tight enough documentation. 

So buy a 4-5-6 bedroom home with 3-4-5 baths and rent by the room. 

This is not a "real estate rental income" activity as defined by the IRS, so whether you are a REP or not, you can take this benefit.All of this is separate from a QOZ Investment, which would require you to first recognize a capital gain from another source (say a stock sale), invest that gain, hold it in a Corporate or Partnership structure (likely partnership), meeting the substantial improvement qualifications of being a QOZB, and then yes, you get to avoid the depreciation recapture at the end of the 10 year hold period, at least for the portion of your investment attributable to the original gain that you invested in the project. 

It’s a little pricey, but so worth the investment