Is this a good approach, or should we look at a different shade or finish?

I’m looking to start this journey with a full head of state and I’m excited to pick each and everyone of your brains

Looking for tips with regards to searching to get to the real meat of this investment.

@Sean Conroy, this really depends on two things: first, the land zoned in a way that you can subdivide and build more units (question for building/zoning department) and second, financial returns on doing this versus using the capital to buy.New construction certainly has its advantages on the operating side, and can often get a premium to remodeled, older units.  

This is risky since we are out of state so I am looking for pointers on how the transition works on a section 8 and really anything else you think could help my research.

This same PM company requires tenants to provide verifiable rental history?!?

With a passion for crafting unique property identities and a keen eye for potential, I specialize in turning under appreciated spaces into sought-after gems.Join me on this journey as we explore innovative strategies, uncover hidden opportunities, and elevate our investments to new heights.

Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?

Is this necessary for an STR? 

There is nothing out of pocket for this program.