I realize this may require a tax pro but wanted to get an initial pulse from this community first.

Quote from @Tiffany Vogel: My husband and I have 4 PadSplit homes.

Quote from @Kent Ford: Texas offers a diverse real estate market, from  I would say in many cases price matters most. 

In today's day and age of social media, the Internet and super catchy reels and videos, attracting your attention to higher returns, promising life changing strategies and tips on how to quit your 9 to 5 job; A lot of people really neglect what real Real Estate investing is all about. 

Piggybacking off this thread from several years ago: https://www.biggerpockets.com/forums/104/topics/994025-flock...Wanted to see if there were any updated opinions?

Are there additional primary residence requirements such as homeowners exemption required, or anyone know if this is coming down the line?

From an acquisition standpoint, it was awesome. 

Let's keep this as simple as possible....Ex 1: 3 single-family rentals, value $300-400 each.

From the sound of it, I'm gathering your advice is have her rent it for a shorter duration, renovate it asap then put it on the market for the higher amount. 

So the total amount that should be paid will be rent for remaining days in month + security depositORrent for remaining days in month + next month + deposit - I don't know when would this situation arise.