As a conservative investor I believe we are late in the cycle and I don't want to newbie sponsor learning expensive lessons with my money.

Supply: The availability of MFH is considerably lower compared to SFH, which can pose a significant challenge when searching for the "perfect" property, especially when personal needs come into play.

You can always include rental expenses on your tax return if you have a rental property that is deemed in service.The question, when summing all your rental income and expenses, and you are net negative, is whether the loss can offset your other forms of income or if the losses are deemed passive and carried forward.

It's a budget friendly option to some of the other services, and they have engineers on staff + audit defense, but the more expensive cost seg companies ($1500-2500) will actually do walkthroughs of your property via Facetime to more granularly estimate components of your structure. 

Directly North is still A market-Shawnee)It looks good with straight investor metrics using Fannie Mae conforming loans (25% down, 7.1% rate with a few points) and easy ARV monthly rent of $1700/unit ( I get this number based on the exact same floor plan in Raytown with complete rehab placing a tenant at $1500, and Raytown gets lower rents than Roeland Park KS.)

Each Church is different with respect to design but they are generally more expensive to renovate than some other structure types that may lend themselves better to a conversion.

I would likely try to make at least 1 unit an STR to try and get a bigger return but conservatively I would be increasing my monthly living expenses pretty significantly.

The ceilings aren’t tall enough, and I know that you can dig out a lower foundation to make the ceilings taller.

These include reporting rental income, allocating expenses between personal and rental use, and navigating new limits on mortgage interest and property tax deductions under the Tax Cuts and Jobs Act of 2017.In places like Hawaii, STRs are subject to additional taxes, emphasizing the importance of understanding the local tax landscape.

This is located in Utah County so it is a more expensive area in Utah and it desperately needs more housing.