A great marketer may be a terrible salesperson, or Vice versa.  

I have participated in a syndication as a limited partner, but want to branch out into private lending, loans of one year or less. 

Converting your STR to a primary residence for 2 years can help avoid some capital gains taxes under the Section 121 exclusion (up to $250K or $500K if married), but it won't eliminate depreciation recapture.

Any tips or advice welcome.

Or should we get some cheap plans drawn up first?

They are willing to pay an additional $200 (from $2,300 to $2,500) if allowed to rent.Do you guys think we should wait for another possible tenant or give this a shot?

👇So far, Dave has hosted live workshops packed with his latest data insights on the following topics:  ✅ February: Picking a Market for your First (or Next) Real Estate Investment✅ March: How Do Mortgage Rates Work, and Where Are They Going?

To get started, consider VA loans, which offer 0% down and no PMI, and house hacking, which involves buying a duplex or triplex and renting out the others.

(to decide whether you want to analyze the property further or not)

If so what's the best way to structure or creative ways to structure if purchasing multiple homes?