When my clients are looking to wholesale and are struggling to find end buyers (Party C), I always tell them that their best resources will be Facebook Groups(which you mentioned), LinkedIn, and local REIAs.The key is to build and maintain long-lasting relationships with both avid rehabbers and renters, as they are both viable end buyers.

Is this a viable approach? 

Yes, the entire $300K basement build-out becomes eligible basisThe finished STR space adds:5-year property7-year property15-year land improvementsAll of which are bonus-depreciable in a cost seg.For many STR operators, the basement alone can generate six-figure paper losses.Bottom Line✔️ Your logic makes sense✔️ You can cost-seg the whole property✔️ What matters is material participation✔️ The STR portion is what unlocks W-2 offsets✔️ Waiting until the basement is done is the smart moveIf the numbers work and you’re confident you can hit material participation hours, the strategy is very viable.

To reduce this there are three options. 

Your paycheck-2-paycheck, nearly $10kyr gone is not viable.

Besides the option to buy with no obligation, is the only difference between a wrap and lease option the fact that title changes hands only in a wrap and not in a lease option?

Columbus, is a better option with cash flow and appreciation.

Understanding your funding options can make or break a deal.

If you are not dealing with these code shifts yet, they are coming.This is my way of saying new construction is not a viable solution for most.

I broke down three options for them on how to deal with it.