I could talk about this for 10 minutes straight and it's a pretty personal decision with positives and negatives to each.

I'm looking at condos that are part of hotels/resorts, for occasional personal use (I travel a lot and need a place to come back to), and to have STR income when I'm away.

It's NOT to "sell" a person on renting, NO, it's to just get them to click on it that's it, HOOK EM IN, get em to open the listing(C) REEL EM IN!   

Personally, I think it’s important to continue to stay creative and generate new ideas on all facets of the business as legal restrictions continue to present themselves.Have a good one!

Personal assets/liabilities:Primary Residence: Have less than 20% equity in this, rest is owned by bank at high interest rate close to 7%.

I would personally screen my MTR tenants and have them sign a lease.

I would appreciate any tips/advice/books that you can provide me to help jumpstart my real estate journey!

Thanks Linda Weygant have you personally done a cost seg on an SFR/STR before?

The cash came from my own personal savings and my father who invested in this deal with me.

Furnishings, such as the $35,000 you spent on furnishings, would generally be considered personal property rather than real property and would not be included in the cost of the property.In a cost segregation study, the goal is to identify and classify the various components of a property as either real property (land and buildings) or personal property (furnishings, equipment, etc.).