Long term hold for equity.

If I want to use the STR tax loophole, would living in a different state affect the advantage of the so called STR tax loophole, as long as I remain active in managing the property and fulfill the other requirements?

Is it better to do an extension of term of the lease or do a whole new lease? 

We can put $30k down and refinance in 5 years but the agreed upon terms are payments during the 5 years would be based on a 30 year term.

I've been actively searching for investable areas, with a long term view of reliable operating costs and proximity to the ocean or beach.

Again, you can work with whomever you want but there are plenty that will lend 100% of both purchase and 100% of rehab...as long as it doesn't exceed 70% or 75% of the ARV. 

I know that's likely easier said than done, but it may be worth it so that you don't regret any decisions in the long run. 

Make sure its viable as a long term rental in case STR gets banned.

Current lease term (expiration date, month-to-month)7.

Hi Yesenia, As a foreign national investor, you will be able to finance properties with long term DSCR loans and short term hard money loans.