We would both contribute to the rehab and I would repay her half of the initial investment.

Any more info you can provide on MSA, what your rents were before vs after renovations, what kind of renovations you did and the total cost, and your return profiles?

I want to do the project for the long term hold and cash flow aspect.

The insurance agent complained about something, which I fixed.

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

The big, pressing, motivator in my choosing to start with STR is my recent learning about the "STR Tax Loophole" and especially "bonus depreciation."

@Jared Sliwinski Are you living in the property?

I checked with the state and the state will not allow utilities to be ran underwater to the property across the lake.

But the companies that are offering 3D homes seems like it could help solve the housing crisis in the long term.

The repairs required by Section 8 after the initial inspection were pretty minimal, but I've heard that there are grants and certain lending programs that were available for Section 8 landlords (such as the Community Investment Program).