It’s always fascinating to meet investors, learn about their careers, and hear how they got into real estate.Do you focus solely on STRs?

Options like a unique amortization schedule or a 3/2/1 or 2/1 stepdown interest rate could provide initial relief to get you through the renovation phase while giving the seller confidence in a structured payoff plan.To determine an entry point, consider reducing the price based on the current NOI.

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I googled it and found this:If you rent it to tenants, you would treat it as a rental and report it on a Form Schedule E.

By negotiating a significant discount, buyers can secure great deals while meeting the seller's urgent need to close the sale.

@Angelo CortezYou can still deduct, however STRs are reported on Schedule E, not Schedule C.The IRS expects you to file 1099s even without SSNs - which I personally always found to be puzzling.

We have a meet up scheduled soon for our local investors. 

For the son to qualify for the $250k exclusion, I believe he would most likely need to meet the ownership and use test, meaning he needs to own and live in the home as his primary residence for at least two of the last five years before the sale.

Listing your property there ensures visibility.Build Relationships: When agents reach out, respond quickly, highlight your property’s amenities, and showcase your flexibility to meet displaced families’ needs.Highlight Insurance-Friendly Features: Emphasize features like flexible lease terms, utilities included, and a fully furnished setup to attract insurance placements.This approach has helped me successfully market to insurance companies.

Certainly partnering with companies that have consistent replacement properties available makes sense if the properties meet your investment guidelines.