As long as you meet the reinvestment requirements that could be an option.That is definitely an interesting option I will be looking into.

I've tried searching the forums, but couldn't find an exact answer to this question. 

You should speak to an real estate lawyer before purchasing this property. 

By the end of this month, I’ll have saved up around $25,000, and I’m really eager to break into real estate.If you were in my shoes, how would you use that 25k to get started?

Can this be a factor to use to negotiate the rate down? 

It has a safari/zoo theme and no other Airbnb in the area really has this.

I just recently read, after my initial post, that meals with clients are 50% deductible if not "lavish" in price. 

For the Canada to US issue, reach out to Daniel Foch who co-hosts the Canadian Real Estate Investor show with Nick Hill.But this statement - "first small deal and get some positive cash flow" - is troubling because you may get enticed into a cash flow market with this thinking.

This is awesome!!!

In reading about RSO in LA, it seems to be defined around regulations for LTRs, not specifically MTRs.