Pull recent cash transactions in PropStream or Privy, check the LLCs or buyers behind those deals, and give them a call to see what they’re actively looking for.

Since you mentioned owning STR's, you might want to have a conversation with an accountant to see if these properties would be considered active instead of active, especially since it sounds like you are self-managing the properties.This test is a little bit easier than trying to claim Real Estate Professional Status(REPS)

I've actively been learning more about the landlord laws in my state, and the logistics of house hacking.

Most landlord policies don’t cover business activity happening in the unit, even “tiny” cottage businesses.2.

An S-corp on top can make sense for active income (flips, wholesaling, property management), but it doesn’t usually reduce tax on pure rental income and can add payroll and multi-state filing complexity.With multiple states (NC/SC/GA/FL), you’ll also want to factor in state filing and nexus before stacking entities.You’re smart to think about protecting assets and your 22% bracket, but I’d model a simple version first (just LLCs + your current return) and only layer in an S-corp if the numbers and activity level really justify it.

Quote from @Adam Wachter: Quote from @Rohullah Sharifi: Short-term rental (STR) activities require active participation and proper documentation to substantiate your involvement.

I’m an active real estate investor and operator looking to connect with others in the Tucson market.

Hi everyone,I’m exploring a tool idea and would love some honest feedback from active investors.How do you currently analyze potential deals?

My last two monthly distributions were under $100, and based on 2025 year-to-date results, my returns equate to roughly a 2.8% annualized rate.Despite these underwhelming results, the team continues to launch new funds and actively solicit additional investor capital.

You asked about short-term rental property demand and mid-term rental property demand in other areas besides yours and thoughts on managing these properties.First off, short-term rentals are a great property class to own, especially if you "materially participate" with 500 ours in the management of your property for the IRS to consider it an active investment and able to write down your active or W-2 income with the expenses, bonus depreciation, and cost segregating the property for additional depreciation to reduce your income taxes.There is short-term rental demand in many communities in Michigan because we have so much coastline and natural beauty as well as university, business, and hospital stay demand.