It really depends on what the individual Investor's goal is. 

This will definitely impact sales and purchases of STRs when individuals are using the potential income to get the loan.

Our clients making mid-six figures via W2 get the most significant benefits by launching an STR by the end of the year and offsetting taxes.The most common hurdle is the material participation test, often achieved by committing over 100 hours of direct management and tracking that time to ensure it is more than the hours spent by any other individual, including cleaners and property managers.

Just helped some clients who paid $965K for a duplex and triplex in Reno on adjacent parcels sell individually for $616,500 for the duplex and $870,000 for the triplex, or $1.486mil total. 

I'm glad to join this community and start connecting with other individuals in the real estate market.  

The difference in this association is that it was kept by the building organization and not individual owners, so the prices were kept low. 

I think that gets lost VERY quickly with certain individuals.

Another way to acquire knowledge is to hire individuals like you who can guide them until they become knowledgeable.  

How many of us would like to have 500k LOC with a wealthy private individual and we can draw down on it anytime we see a move worth making? 

We've had a lot of success finding HUGE deals searching for homes with the following criteria:  *Single Family Residential (no townhomes)*Built between 1945-1990*Owned at least 15 years*1,000sqft+*Equity % minimum: 40%*Owner type: individual or corporate (LLCs)*Age of owner: 50yrs+*MLS Status: No (meaning "show me only houses that are not listed"Optional criteria you can add: *Occupancy status: "Vacant" or "Non-Owner Occupied" (tenant)Realize that "Non-owner occupied" will give you landlord-owned properties and "Vacant" will be fewer so your results will decrease.