You are right at the edge of the end or our rental season.

Depreciation: For investment properties, you can depreciate the property over a set period, reducing your taxable income.5. 1031 Exchanges: This allows you to defer capital gains tax by reinvesting the proceeds from a sale into a similar property.Feel free to ask any questions or share your own experiences!

STR's are one of the more popular forum topics and 'complicated' investment categories (especially for newbies) so I wanted to share some recent investor and operator experiences on the Oregon Coast and why a coastal STR vacation rental home is worth considering. - Feasibility & Permit-ability: If you know where to look you can still secure a STR permit in most cities or counties from Brookings to Astoria.

In the end I would basically end up with the land for free.

There are pros and cons to it all, but at the end of the day it varies for every investor. 

Hi Nicholas, thanks for the answer and let me provide more details :) The offer is to invest into new construction with 20%-30% down payment 0% interest rate loan till the end of the construction.

https://www.biggerpockets.com/users/davefoster1031

So that by the end of the amortization schedule, almost the entirety of the monthly mortgage payment goes directly to pay principal.

@Anita Zuniga if your end goal is to eventually move to San Diego then I think this would be a smart plan. 

And which parties should be involved assuming a lack of experience?