Every property we acquire going forward will have to be carefully analyzed  to see how much we want to maximize the depreciation and risk the FFE "loss" on a 1031.

Especially when it appears you're listing for $500+ per night, you'll need to maximize every amenity you can. 

I highly recommend house hacking your first deal since that will maximize your budget.

Spread that 9 unit around and maximize your return that way.

You just want to take it slow and find an arrangement that maximizes your chance of success.For example, you could consider a more hands-off, rent-ready (e.g. turnkey) approach for your first few out-of-state deals before you take on more complex value-add projects.Later, having a set of “boots on the ground” can help you manage your downside.

I’d suggest reaching out to a few local property managers and learning how they operate day to day, what systems they use, and where issues tend to come up.A PM's job is to maximize owner profit and property value.

Under CREW, the court findings bear out the above alleged claims and more used to maximally extract funds meant for us investors and to run and maintain the properties.

Theres a lot that you'll need to do between now and year end if you're trying to maximize the STR strategy. 

I just want to encourage you to take the correct steps in the correct sequence so that you can minimize the cost of mistakes and you can maximize returns. 

As I’ve grown as an investor, I’ve learned that operational simplicity and reduced friction often matter more than maximizing every last dollar.I’m curious how others’ mindsets have evolved over time.