Make a temp e-mail because I guarantee that e-mail is gonna be blowing up in short order with follow-up pressing you to get milked NOW-now. 

That’s ideal for long-term buy-and-hold strategies that benefit from tax advantages and stable appreciation.Tax ConsiderationsRental Income Benefits: Any property you rent for 14+ days per year qualifies for Schedule E reporting.

I too lost over $40K on my flip at 6554 E dallas in Mesa. 

Buy in your personal name if you're using traditional financing (FHA, VA, or conventional):Easier loan approval with better interest rates and lower down payments.You’ll still get full access to tax benefits like depreciation, mortgage interest, and expense deductions, reported on Schedule E.2.

You can easily tag each transaction using categories that synch to your Schedule E for tax time.

House hacking with MTRs (30+ day stays) offers solid tax benefits, depreciation, pro-rata deductions, and no self-employment tax, but lacks the aggressive STR loophole advantages.Key Tax Differences:MTRs are passive (Schedule E); losses can’t offset W-2 income unless you qualify as a Real Estate Professional (REP).STRs (<7 days) allow losses to offset W-2 income if you materially participate, even without REP status.MTRs face fewer IRS red flags, and you still benefit from depreciation and deductions.MTR house hacking is tax-efficient but less powerful than STRs for offsetting active income unless REP rules are met.

d) Considering a) - c) above, what will the CF be on the new property   e) How long will it take for the cumulative CF on the 2nd property, recover all the cash you put into that 2nd property?

Trade or business activities are activities, other than rental activities or activities that are treated under § 1.469-1T(e)(3)(vi)(B) as incidental to an activity of holding property for investment, that—(i) Involve the conduct of a trade or business (within the meaning of section 162);(ii) Are conducted in anticipation of the commencement of a trade or business; or(iii) Involve research or experimental expenditures that are deductible under section 174 (or would be deductible if the taxpayer adopted the method described in section 174(a)).

Quote from @Pierre E.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.

.➤ Lease Management Useful features include e-signing, lease templates, and secure storage.➤ Tenant Communication & Maintenance Portals for rent payments, maintenance requests, and messaging help streamline daily management.Trying a few platforms via demos or free trials can help you find what fits your needs best.