Thank you @Steve Vaughan and @Mindy Jensen! 

The thought that keeps crossing my mind is that, if he could get a permit before selling, why wouldn't he?

Mindy, thanks so much, this was just the info I was searching for.

Wow @Mindy Jensen that was a great article.

This makes getting a new policy more expensive than the note or no insurance.With that in mind I can only offer property value minus cost of demolition.

@Jd Martin  EXACTLY   BP podcast or any podcast in my mind is for entertainment value.. but there is no question that many who do it have their business's impacted in a very positive way.and there is an irrational thought process that since they are either BP members or did a pod cast they get a pass and they are all pure. 

@Mindy Jensen  @Russell Brazil  @Spencer Cornelia  @Jay Hinrichs  

Thanks,Trent What baffles my mind is how every single loan originator in the country doing HELOCs does not have this.

@Mindy Jensen think we can/should sticky this for a week or two?

This is the only strategy that I am aware of that allows you to offset your W2 taxes. i am very happy to hear from you, nice to know i am not alone. if you don't mind i would like to build on some info from you, 1. how far is the place you bought for STR from your residence, 2. are you managing yourself or hired a STR management company3. what type of property you bought, condo / SFH etc 4. location and price point if any of these questions are too intrusive, please disregard them.thanks a lot