Catch up with missed bonus depreciation on your 2024 tax return (next year) using Form 3115.

The income from the property pays off the debt, while you get the tax deductions, equity build up and appreciation.As to why people pay cash, many don't know, like or understand other alternative investments. 

I called the insurance company, they looked up their file, advised me the attorney called 3 times and sent 3 demand letters, and usually does no more, as they work on a contingency basis.

When you can close on a home sale in a short period of time those 2% and 3% checks pile up cash fast. 

You can hire an agent just to show and be a body if they are willing, While its not perfect, ChatGPT is a great tool to ask initial questions and get a launching pad (always verify what it tells you)  - @Drew Sygit - Good point about getting someone to help you with screening if they dont have any "skin in the game" so to speak.

After considering all costs, I was barely making more than I would as a long-term rental and it was taking up a lot of my time.

So I'm looking to scale up with an eager staff waiting!

So you get some built-in incentive and the program ends up being free, don't know how you can beat that.

Any ideas on recent strategies / paths to get an STR going up in Salt Lake City.

I'm a local guy who grew up here and a half duplex where I live is between 500-650k.