I hadn't ever heard of this on a condo before, although I know adding a bathroom is a popular flip technique here in the Bay Area on single family's.

Of course you would tailor your message to fit your audience- equity partner, lender, buyers, sellers. 

If you want to achieve this technique.

@Adrian Tilley Thanks, yeah, I am just trying to know the best techniques for navigating the tax system to give myself as little liability as possible in the future.

Would all of his techniques still make sense in 10 years? 

While there are universal principles to finding deals, it is valuable to identify your desired strategy initially to tailor your marketing accordingly. 

Do you network with fellow property managers and regularly attend continuing education classes to stay up to date on the latest techniques, technology and products available?

I might have to give it a shot :-).There are some other techniques...that probably are not as common lately such as software that shows properties that are behind on taxes or mortgage payments, those are usually good owners to contact if possible, this is my plan when the market slows down again.I am surprised no one mentioned banking relationships, I was working with a group that bought 700 units this way.  

Proper offers tailored STR insurance plans with comprehensive coverage, competitive rates, and strong customer service, but keep in mind it may not be available in all states and could have limitations for high-value properties or specific risks.

It was really informative meeting for me because it was tailored around me.