In short, the S-corp election is made at the entity level, meaning you have a few options.  

The SE tax is a minor expense compared to the advantage of owning RE tax free( capital gains and cashflow) including short term vacation rentals inside your Solo401k.

Various classes have different property values, tenant pools, turnover ratios, etc  I’ll posit a link below as this can get to be a lengthy note  https://www.realtymogul.com/knowledge-center/article/what-is...Are you looking into short term, mid term, or long term rentals?

We are looking to pull some equity out of our Florida rental for other business purposes.  

I will send you my calendar link shortly so that I can share the data with you live :)

We are located in the Pittsburgh area, so we would prefer to set up our first short term rental arbitrage nearby, but we are open to exploring good opportunities elsewhere.  

We are estimating we could build at least six houses for a total project value of $6.6 million.

We are not pursuing a license on this property to do STR because we plan on moving within the year (hopefully within months!)

There are many bad players in Real estate and we are trying to protect you from that.

I live in Houston, TX, and I plan on starting in the short term rental hosting business.