You could also present the deal to other local investors or private lenders who might jump at the opportunity, given the attractive terms.

The latter two are just a little erratic to me, meaning they produce projections further away (above or below) from what I see in my clients' own vacation rentals.Not sure I can give you a great breakdown.

Obviously the lower the price, the more attractive it is.

Those people overlooking what it means to “materially participate”Here’s the Material Participation Criteria:Spend more than 500 hours on the short-term rental businessDo substantially everything for the STR businessSpend more than 100 hours on the activity and no one other individual spends more time than you doSignificant participation activity for more than 100 hours, and your combined activity in all significant participation activities exceeds 500 hoursParticipating in the business for five of the 10 previous taxable yearsPersonal service activity (non income-producing) for three of the previous taxable yearsRegular, continuous, provable participation in the business for more than 100 hoursA Cautionary Tale: The Story of JacksonLet's take a moment to learn from the mistakes of others.

The property location, the condition, and the type of students that the property attracts would all go into that.

If you expect a large tax balance this is why people rush to get it into services ASAPEdit: To also add if the taxpayer qualifies for the "STR loophole" as some call it, even if they don't have much rental income, they could use the losses produced by that STR to offset other income.

The property was acquired with the long-term vision of capitalizing on the nearby development of a casino, expected to attract workers and residents.

Quote from @Jay Hinrichs: And or the social media darlings who can attract all these investors who are lulled into thinking these folks have to much to lose to let MY project go under.

Let me know if you have any questions for meWhat neighborhoods or zip codes in Columbus are best for appreciating SFR's that cash flow enough to pay for their own upkeep, and which attract solid tenants who stick around a good 5-7 years? 

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.