Others see the long term benefits of student housing or long term rentals that there is a strong demand for and continue to appreciate.I would just soak up some education and see what fits in your wheelhouse of understanding how they work (STR, LTR, flipping, notes, PML or whatever!)

From what I can tell the long turnaround money (rentals) is a much better fit for me than the short turnaround.

The relationship needs to be the right fit or it doesn't work.  

Seeing more deals is likely the best way to find ones that fit your wheelhouse and can make you money.

Then, between you and your CPA/tax professional you will be able to make the best decision about how that fits with your specific tax situation.

If it fits 100%.  

Hi Elliot,In case it's a fit, you might also consider unsecured funding.

Again, I want to know more about your property, renovation approach, etc, but sometimes you need to play toward the strengths of your property rather than trying to fit a square peg in a round hole.

Miami has a very heavy party vibe and if you're living there (not everyone) but most will fit in that vibe.

However, how (to what degree) does the cost of capital fit into the picture or does it?