Outrageous considering we can re-roof and reside cabins by contractor without hitting a 10k deductible.

STRs, LTRs, flips, etc Hello River, it's great to meet you.My current strategy focuses on utilizing small multifamily long-term rental properties by implementing the BRRRR method.

I owned a property by the time I was your age but didn't have my head on straight..you have plenty of time, so take it.

My criteria is as follows:1- Primary goal is appreciation over the next 5/6 years, cashflow positive preferred but cashflow neutral at a min.2- Preferred portfolio - Duplex & SFH in TX or Duplex each in TX and FL.3- Area of interest - I-35 corridor by Austin TX and Cape Coral/Lehigh Acres FL.4- Focus is on new construction properties for obvious no immediate maintenance needs and Developer incentives on interest.I know Austin is a no brainer but I would like to get your expert opinion on Cape Coral/Lehigh acres FL area.

One was a commercial building turned into a residence. 

Build the confidence of your abilities by having that real life experience.

Real estate is not easy, but it sure is rewarding if you can pull yourself up by the bootstraps and get creative. 

Do we have to pay off the financing by December 31 to have it apply to the 2024 tax year?

Specifically, my question is whether you can acquire a short-term rental, then immediately turn around and use the income from it to qualify to purchase another property.

If it is manager by a property manager you cannot get those tax benefits.