If they are offering unheard of rates or LTV, then all their competitors would be out of business. 

my current cpa has been in the business for 40+ years.  

Hi @Joaquin Camarasa, we are now busy with the topic trying to figure out the way/contacts via which it is possible to do this.

But I'm curious what people with much longer history- have experienced.

If you have a good business plan for the next property it could make a LOT of sense. 

STR is a hospitality business.

I often do site visits to the property and then design/draw the hvac/plumbing systems for the building.From what I gather below the following would all fall under "real property trades":"The statute lists 11 types of real property trades or businesses: real property development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, "I believe that my line of work can be classified under "real property development", "construction", "conversion".

If you are focusing on volume, you might have to adapt your ROI to be able to acquire more properties and keep your people busy.

That will be a huge benefit as dealing with contractors is one of the hardest parts of the business in my opinion.

I wouldn't do just a condo. you could build your own triplex and convert to condos as a "development partner" or on your own if you aren't experienced and full return of capital. my suggestion would be to invest near the urban core over suburban deals and avoid older housing stock like columbus has more than 100 year old houses. anything pre 1950 I wouldn't touch