For myself, I would find a nice house hack maybe in Ohio, that seems to be all the rage right now, and have most of my expenses covered (your not paying it totally by yourself and can still save money that way). 

Hi Sara,We do see a lot of new construction in NC and SC, but specially in NC.If you’re looking at areas with high demand, Charlotte and the Raleigh-Durham region in North Carolina are definitely worth considering.

. $38k Investment I 12% Annual Priority Return I 25.7% IRR I 2.9x Multiple I Hold Time 5-7 years What made you interested in investing in this type of deal?

Have a good amount saved up for down payment and own 3 acres of raw land (valued approximately 240k) but would like to keep this in portfolio.

My name is Chris, I'm just getting started on real estate investing... like from square 1 sort of starting out.

Of course Gene,Your losses offset your gains.You can even carry losses into future years.Please consult with a tax professional though ;)

There is a great group of members on here to connect with.

(A good example of why you should work with an STR-friendly agent who knows Airbnb laws in and out. ... ;))Anyway, what OP is looking to do is legal in Littleton.

I'm in a bit of a confusing spot.

I looked into possibly obtaining loan and they required 1% of loan amount for a pre-approval letter and no fund of the 1% fee.