Tax considerations involve a lot of personal, specific considerations so you are on the right track going for a CPA (make sure they are familiar with income properties and short term rentals).STR is a business and involves "active" income versus "passive" income associated with typical long term rentals.A few general things:1.

Then when it is complete, have property appraised and refinanced to pay back the hard loan from my Mother or other lender and because I overfunded, receive cashback at closing and either pay back into the new loan or wait for another deal once I get renter in on this place with me.My hiccups will be my income to qualify for the new loan, and the fact that I have an existing mortgage which affects my DTI right out the gate.

The pool, I can't speak for since in my market of Cincinnati, OH, pools tend to hurt values, but we only get about 2-3 months of use due to climate.Back to bed and bath, while typically more beds and baths can help value, if you are just cutting up the property and making everything too small to be useable and/or you have to walk through one bedroom to get to the other, you could very well be better off not adding it.  

Your LLC should have income since the leases are in its name and should be receiving the rent, not you.Single member LLC's are considered "disregarded entities" by the Federal IRS. 

Howdy BP,Kindly seeking advice & feedback on a deal we have privately received as of late: not sure to ditch or ride the storm!

You can also directly partner with flippers but that typically involves a higher degree of risk, and is typically less passive than just holding a note. 

May not be typical but seems to be a great product.

It appears that market folks (bond, stock, real estate, really all market participants) just keep receiving spooky inflationary signals, which are in turn propping up bond yields and mortgage interest rates.

Cap rates are essentially a reflection of people's expectations, and are typically on a leash by market rates.

I know that this is a personal flaw and that I should go for it if it makes sense to me after doing my own research, however, I can't help but think that it may not work out the way I believe it could based on all of the negative sentiment I have received from family and friends.