We want people to have confidence in the materials they want to utilize.

Here’s a breakdown to validate your plan and help you strengthen it further:You're right that if you materially participate by meeting the 100+ hour rule and ensuring no one else participates more than you, you can treat the STR income as non-passive, allowing bonus depreciation from a cost segregation study to offset your W-2 income in the same year.

Do you have an alternative opportunity idea?

With so many free or low-cost options available — from Facebook groups to podcasts, Zoom meetups, and national conferences with better content — local REIAs can feel outdated unless they’ve kept up.I think they still can be valuable if they bring together serious, local investors and provide actionable education — but if it’s just pitch-fests or surface-level material, I’d rather spend my time elsewhere.

Thanks.I did find that I can save sales tax on materials if I fill out a form. 

Interest rates are going to have to come down because there's no way the federal government can afford long-term interest payments at these higher levels, and other countries are going to buy our debt even if their return sucks because there's no realistic viable alternative.

Options that I have seen thus far are ~$2.6K per door at the most affordable level.Given its a rental, even though it is a luxury rental, just trying to see if there are more affordable exterior door alternatives out there.Thanks!

My last 2 potential BRRRRs have been buy rehab rent repeat (no cash out refinance) because interest rates were much higher.You need to look for BRRRR candidates that are good alternate rent model candidates.  

I believe there is also a course on Udemy that has some good material for the pricepoint so that you can learn the basics.

In such markets you can go the route of being a hotel alternative, which is cheaper regarding furnishings, or being a destination and experience.If your focus is most on appreciation, however, you may find more opportunities for such in markets that are more saturated regarding STR.