But if you want to use it, then an STR may be your preference- but to be profitable, you would need to have a large down payment.Aloha for now!

The answer is NO, based on the language of Section 152(c)(3)(A):...an individual meets the requirements of this paragraph if...

Would the person who takes on more labor to repair the property have greater preferred equity or is this usually treated differently?

We know of a bunch of the servicers but curious of others have servicers they prefer.

This is totally an adult individual leeching / parasitic on another person.

My preference is to prioritize longer bookings and STR in the gaps.

Read some books, preferably those written prior to 2015 when YouTube gurus started telling everyone how easy it is to buy 17 houses a year with no money down.Investing is pretty simple if you just follow the process investors were using since the beginning of time.

Hey @Augusta Owens Bigger Pockets has been so valuable to me in my own journey, so you are in the right place.Ive been hosting an investor meetup the past 3 years and it's been a great place to collaborate with the like minded individuals and collaborate. 15-25 people show up each month and range from new investors to people,e who have been investing for decades.would love to connect and get you some more information! 

I highly prefer Virginia for LTR buy and hold. 

I see that real estate agents and brokers are too negative on sub to deals……investors looking for low interest rates and or low down payments are too positive on the same.As I stated the reality is somewhere in between, depending on individual circumstances.