From my understanding of it anything you wrote off or claimed as a rental for previous years would stay the same and say your tenants moved out April 30,2024 and that was when you started to convert it to your primary residence then you could claim all your expenses and deductions from Jan 1,2024 up until April 30,2024 and you would claim the rent as your income from that same timeframe.

I understand that STR income potential is highly variable but does anyone have a good resource to systematically go through and get some sort of a range?

As a seasoned investor who has primarily operated within my local area (South Florida), I am now venturing beyond my backyard eager to diversify my single-family portfolio.

They will be able to help you better understand the area, and potential issues you may have with the property.

I'm not even sure I understand all your desired outcomes. 

I genuinely believe I can achieve my goal through multi-family real estate investing and am eager to learn from experienced individuals who have achieved a similar goal through this field.

I am trying to get an understanding of the perks building a potential 20-30 unit property from the ground up in CTAny feedback is appreciated!!!!

https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/Just be careful you understand the Class of properties you are targeting and that you fully understand the corresponding pros and cons.Many investors get burned when they buy a Class C or D property, thinking they will get Class A or B results.Let us know how else we can help!

And when it comes to beach markets; 95.9% of the decor in beach properties is beyond disgusting, I don't understand why beach hosts can't figure out it long past time to update with new items!

As Chris noted, you really need to vet your sponsor of debt funds and understand who they are lending to.