Perhaps the less eyebrow raising method would be, if your goal was a more hands-off approach, is to leave it as an str the following year but under full time management, once your material participation hurdles are met in the previous tax year. 

For most folks who actually work the material, yes - because it condenses months of “figure-it-out” time into a clear sequence: pick the right house, set up the essentials, finish your docs, pass your state affiliate’s review if getting certified or licensed, (In PA you should get licensed), then fill beds with the right referral partners.

I love algorithm based cost seg studies.

Taking care of family is far more important than material gain, in my opinion. 

I’m licensed in over 25 states and have spent the last few months studying multifamily and creative finance strategies with the goal of building a portfolio that generates long-term cash flow and stability.I’m extremely motivated to start closing deals now — ideally multifamily or self-storage, though I’m also open to triple net opportunities down the line.

If your average stay is ≤7 days and you meet the material participation test, you can still treat it as an active business.

If you are accredited, please share your story of how you got there, I'm young enough to adjust my studies to try to make sure I get there too.

Quote from @Bryant Gowdy: Research and studying only goes so far it’s time to jump off the porch and get my hands dirty with the actual foot work and experience.

I work long hours in the trade, but I’ve been using my free time to study real estate investing.

Since then, I’ve been focused on self-improvement—studying wholesaling through podcasts, books, and videos—and now I’m eager and ready to take action, whether it’s virtual or on-the-ground wholesaling.