Although not deemed a business by Schedule E reporting, the Schedule E rental could rise to the level of a business as defined for the Section 199A deduction.That is not me, but an article I read.

What has been a valuable lesson you have learned along the way?

Nothing will beat valuable experience of your first property/project.

The ContextAs a new investor who's attracted by the benefits of Rent to Own option, I wonder if I can apply this strategy in my first property in Las Vegas.Brando wrote an awesome article about Rent to Own option https://www.biggerpockets.com/blog/2013-01-06-rent-to-own-homesMy ThoughtsI loved this strategy the moment I see it.

I have researched the debate between 15 year vs 30 year mortgage but still have some questions: Pro for 30 year:Almost break even for cash flow, PITI is about $50 north of current monthly rent; I will use the condo as primary residence but will consider renting it out in the futurePros for 15 year:interest rate is 0.5% lower than 30 year rate, but there will be extra $500 cash outflow due to shorter payment timeframeI did come across an article arguing that with 15 year loan you could build your equity faster, and you can use the equity in one property to buy another.My situation: This condo will be my 1st property, and I am planning to buy an investment property within 6 months in Midwest or New Braunfels, TX based on current research.

@Dmitriy Fomichenko Thank you for the valuable info!

While I've posted a number of student housing related articles/blogs on the site, unfortunately BP does not provide a specific forum for the niche.

I recommend you start with the older articles first as they focus more exclusively on nuts and bolts storage stuff: https://www.biggerpockets.com/member-blogs/3915-all-things-self-storage

Here is a blog article that I have just posted that attempts to answer the question Guide to Find the Best Investment Option for YouI hope it helps!

This article isn't speaking to exactly what you're asking...it's focused on turnkeys being good for new investors...but some of the points in it may still be applicable if you're considered which way to go-https://www.biggerpockets.com/...Also not exactly answering your question but bringing up more points in comparing options- turnkey vs. doing it on your own-https://www.biggerpockets.com/...The returns may be lower, but they may not.