Assume the unreduced basis of the building is about $350k (I took out the land value)*Add New Deck - $8k*Interior/Exterior paint - $3k*Dishwasher - $500*Landscaping materials - $1500*Wood/sheetrock to build walls to enclose an existing space - $500*Furniture (beds, tables, chairs etc) - $5k*Hot Tub - $5kCan we use the SHST or De Minimis or Routine Maintenance safe harbor for any of this? 

All you need is a regular bank account from any bank or credit union, unless your state has some unique requirement I'm not aware of. https://www.nolo.com/legal-enc...You would do well to purchase "Every Landlord's Legal Guide" by NOLO.

As a homeowner, I would hate a STR on my street in a regular neighborhood.

I still work my regular W-2 job over the weekends, so it's always great to come with, "But I gotta work the whole weekend" if there's a follow-up.

Hello all,I am interesting to start to buy small multi family as up to 4 units, and I would like to ask if i can get some Tips feom the PRO how to do it right, if its a same as invest on regular single family house, my goal is to increase my monthly cash flow.

I believe some of that cost also includes regular special improvements like water mains, street lighting, etc as well.

Apart from putting it in a regular savings account (now getting .025-.050%) or a bond, there hasn’t been many secure options.

A nonQM and regular lender both can do portfolio loans, typically. 

Doing regular maintenance and checkups on all faucets, toilets and showerheads will help you keep an eye on leaks.

If your home is worth 200k and you have a first position lien of 100k (regular mortgage), than you have access to 100k if you were to take out a HELOC.