If you are operating something like a Delaware Statutory Trust you are in a good spot, but that is not what it appears the OP was referring to.The simplest and most effective asset protection strategies have often included a Series LLC as the asset holding company and traditional LLC(s) as operating companies.

Also, there's a coin-op laundry room that generates a small amount of income. 

Not everyone wants to be a big player and sounds like the OP isn't in that position.

A new one just opened in North Attleboro a couple of months ago called Angle Tree.Sounds good to me.Set a date, OP Jonathan. 

This is assuming the OP is a real estate agent trying to list the FSBO.

Without further details, we really don't know and the OP hasn't said.

This is the info I have found too, I'm in a similar situation that OP and trying to find a way to reduce my w2 tax liability.I am exploring the idea of getting STR and use bonus depreciation, my question is this:Say that I get the property, I get the cost segregation, and I do the bonus depreciation while operating my STR with average stays of 7 days or less and material participation on year 1.Can I then use that bonus depreciation against my w2 income and carry over any excess from year 1 if on year 2 I turn around and convert the property into a long term rental?

The OP expectations of $50k are hard pressed in this market. 

OP- not sure what you expect to gain from this, but (IMO) James is to respected on here to be hurt by one California dude’s negative post.

I could have asked OPs same question 2 months ago.