Appreciation over the long haul are how people win with STR properties.

So any property you buy has layer upon layer upon layer of paint that isn't lead on it's surfaces.

Either way, you’re setting yourself and your family up for long-term success.

My worse appreciating property has appreciated $2700/month over its long hold.  

We’re refining our own underwriting logic daily, this convo is gold for those of us focused on long-term scalability, not short-term flash.

The IRS treats STRs differently from long-term rentals if the average guest stay is 7 days or less.

You are going to find it hard to find a program that wil be ok with the layered ownership. and when you, do it will add expense. 

They usually have a pulse on which agents understand investor deals and which neighborhoods make sense for long term rentals.

What about using part of the proceeds for a business vehicle purchase or large equipment (printer, heat press, etc.) under Section   179 or bonus depreciation—could that layer in as well?

From my experience with Midwest markets, investors who focus on stabilized, move-in-ready properties often see more predictable cash flow early while still benefiting from long-term appreciation.