Sometimes fresh eyes catch things you've missed.

Civic INVOLVEMENT. 

@Javier Rosales it seems like you can potential build a duplex, but you'd have to go through the CUP process which can take a few months, maybe a year, and involve a hearing where anyone can fight the project, but doesn't mean that they will. 

Included in that statement are definitions which will include the borrower, any of the members of any entity involved, and their families as prohibited from using the property.

This involved renting a property out as a short-term rental and also meeting the "material participation" test for that specific property.

This could offset W2 income, especially if your AGI is around $100K and you’re actively involved in the property.That said, there are still scenarios where doing the cost seg study now could make sense—especially if your current AGI and losses allow you to benefit from the deduction and you really need the cash flow this year.

(NONE of the people mentioned above were involved.)  

I am trying to better understand the business model.Hi Collin - Every home with Fairly has a caretaker who is responsible both for cleaning the home, serving as the primary point of contact for guests, and as the eyes & ears of the homeowner.Our typical caretaker is someone who has already been caring for vacation rentals as a housekeeper for independent homeowners.

I'd also recommend getting involved in your local market by going to networking events and connecting with local investors. 

But I am involved more in multifamily and hotel resort investing now.