@Brooke Wilson The 6 week timetable is conservative, there are some unknowns without having walked through the renovation in the unit.

I'm a beginner real estate investor doing all the learning, reading, and mock deal analyses that I can before I'm able to locate a cash flowing duplex in my target market and purchase my first property (I plan to live in one unit and rent the other).As I scan the MLS and analyze potential deals based on current market prices and expenses, it seems that the major factor preventing nearly every property I analyze from cash flowing is the mortgage rate.I plan on putting down 20% into my aspirational duplex and having around 10% or so above the down payment in cash reserves for unknown expenses, maintenance, emergencies, etc.With mortgage rates being as high as they are (7%+) at the moment, it seems like a true "needle in the haystack" situation to find a property that will cash flow in my area (Central Florida).Note that in my analyses, I am running the numbers as if I am renting both units of the duplex as well as if I were to rent only one unit of the duplex (both situations produce negative cash flow).Let's say I find a duplex that I want to purchase and everything fits my standards with the exception that I have negative cash flow of $100-$200 per month.

Listing brokerages also tend to respond better to professional brokers inquiring about a property versus an unknown buyer.

@Phil McAlister working as an agent, there are so many unknowns I have ran across in deals, this can be risky advice to someone who is either pressed on time or someone who is just starting out.

And what 'is" is a tangled jumble of things. ai will just kick back an answer loaded with "and, if, but, when" because that is how the various statutes are, loaded with layers of variables that far too often make almost any action/answer right, wrong or unknown, sometimes simultaneously multiple or all of the above. 

You should use the actuals and not estimates (use estimates for unknowns and actuals for known values).  

I'd like to know more about that, because that's my biggest unknown, as in if I'd I even find tenants, let alone multiple tenants willing to rent a single room and live with strangers. 

Thanks for sharing @Anton IvanovI have great respect for people with passion, goals and "right" mindset.Your post demonstrate perfectly what can one achieve even with many unknown variables (remote markets, using teams over self-work).I have much to learn and your post gave some great ideas and especially ambition to pursue my REI goals.Have a great day,Benny

Basit-  The point of the podcast that I was listening to was that this "STR Loophole" ( I know it's not a loophole, but that's what they were calling it on the podcast) is relatively unknown to many tax professionals and STR owners.

I asked for my fee back, and I have also retained an attorney to get my fee back and so far Rhonda has not responded yet. 2 other members of the group have also been kicked out for reasons unknown.