Hi @Lamar Gallardo, welcome!!

Hey Mansi,Welcome to the BP community.

But simplicity doesn’t always mean safety.Here’s the reality check: when that “one tenant” moves out, you become the one paying for everything.While occupied, tenants often cover utilities, yard care, and sometimes minor maintenance.

Welcome to the market!

@Elealeh Fulmaran Thank you Elealeh for the warm welcome.

Welcome.

That means your STR losses, especially if you do a cost segregation to accelerate depreciation (don't forget about deducting furniture, supplies, utilities, cleaning, and repairs) can offset your W-2 or other active income.So even if you can’t hit REPs in 2025 because of your W-2 job, you may have already qualified for the STRs rules without realizing it.

@Cara Pennington,Welcome to the BP community and to the next step in your REI journey.I have worked with a number of investors in the last few years that are very happy with their investments in the Charlotte area. 

Welcome to the forums Brian! 

That means every local investor has passed, either because of condition, price, neighborhood, or some combination.Maybe @Remington Lyman can tell us what's up with it