Either way, this is the kind of lead that helps me stay flexible while I get closer.

Stay active on BiggerPockets!

If I buy a STR in December and meet active status and less than 7 day stay, do I get 100% depreciation recognized for the full year or do I get 1/12 of it since operated for a month?

Professional-level reporting that’s easy to export for accounting and tax prepOther platforms we’ve tried:Hemlane – A solid choice for landlords who want to stay hands-on but need help coordinating leasing and repairs.Doorloop – Clean interface and easy to use, but we ultimately switched back to Buildium for the deeper integration capabilities and more robust accounting tools. 

The demand is usually steady year-round in Chicago for that group.That said, here’s how I’d weigh it:If you go MTR:You’ll need to furnish it properly — not fancy, but turnkey: queen bed in each room, blackout curtains, comfy couch, smart TV, solid Wi-Fi, a stocked kitchen (pots/pans, utensils, coffee maker, toaster), and a simple desk setup.Expect about $4K–$6K upfront to get it guest-ready if you’re starting from scratch.Cleaning and turnover management can be automated (Turno app or a local cleaner), but there’s still some coordination involved.Since you’re near a hospital, list on both Furnished Finder and Airbnb (30+ night stays) — that combo usually keeps you booked.If you go LTR instead:You’ll save yourself the time and mental load of setting up a new system while adjusting to newborn life.Even if the rent’s lower, you’ll get steady income and less stress, which might be worth it right now.Winter leasing in Chicago:Yeah, it’s slower — especially December through February — but MTRs tied to hospitals stay active because medical contracts don’t follow the same seasonality.If this were me?

I'm based nearby in Georgia and would love to connect and learn from your experience.If you're open to it I'd really appreciate the chance to stay in touch or have you as my mentor as I grow and learn more about the development side of real estate.

For a KCMO midterm rental, pick a safe, hospital‑adjacent or corporate corridor building, confirm 90‑day minimums are allowed, and underwrite with conservative 30‑day stays.

Those details can make a big difference in whether staying as an LLC or changing to a C corp makes sense.

@Patricia Andriolo-Bull How do you collect the guests' email from Airbnb ahead of their stay?

Only great professional experiences and stays with them.