The market seems pretty saturated so it doesn't seem to me like buying a random STR specifically for depreciation makes a lot of sense... 

However my guess is a residential loan as your primary residence won't be enough to cover the entire purchase.

Otherwise I have to send them a random code they will probably forget, which they will then have to contact me for at the worst time.  

Quote from @Hunter Foote: I’ve been seeing more interest lately in sober living homes (also called recovery residences) as a niche within real estate investing.

Once you have lived in the property for two out of the previous five years, you could qualify for the primary residence exclusion, which allows you to take the first 250k (500k if married) tax-free.

Investment Info:Single-family residence buy & hold investment.

They know you’re not just sending them random listingyou’re helping them make smart, profitable decisions.An investor doesn’t need fluff.

My wife and I started by building our foundation by saving diligently and moving strategically to take advantage of better financing through primary residence purchases.Over time, we’ve used tools like the 1031 exchange to scale our portfolio, even relocating out of state to expand into new markets.

@Marcus Pender, Since you would be staying in that house for 2 years, you would qualify for the primary residence exclusion, which allows you to exclude up to $250,000 of capital gains on the sale of your primary residence if you’re single, or up to $500,000 if married filing jointly.

Turning over a past primary residence into a rental is the way a lot of us got our start in RE Investing.Cheers,