@Can't you just get your rental license now.   

Currently I have not used it myself but it seems like an interesting and creative way to increase cash flow vs the traditional rental. 

Seeing more landlords refinance to adjust monthly cash flow or restructure older loans.Some are pulling out capital for repairs, expansions, or new acquisitions.If you’ve done a recent refinance on your rentals, did it improve operations for you?

My plan has been once i got situated with a stable source of income to start investing in rental properties.

If one spouse qualifies for reps and materially participates in the rental activity, then all the rental activity should be eligible to write off any losses against active income to better help, can you describe how your mom is a real estate professional?

Possibly looking to buy land or rental properties in Gulf Shores, AL.

A lot of CPAs can file a return, but very few really understand the nuances of agents, investors, short-term rentals, cost segregation, entity structure, and compliance.For example, I’m based in California, but I help clients nationwide, and many real-estate-focused CPAs operate the same way.

I definitely want to stay clear of anything that could trigger fines or compliance issues, so your point about STR activity in communities with rental caps makes a lot of sense.If the documents don’t spell out any restrictions around owner-occupied MTR/LTR setups, I’ll look into the roommate or owner-occupied lease option you mentioned.

I have a listing in North Merced (Very desirable neighborhood) that is listed for $425K and is a 3/2 that had a steady rental stream prior to the listing.

Hey Holly,Sounds like you’re in a great spot for corporate rentals — Hillsboro has tons of demand between Intel, Nike, and the supporting industries.