.- The house has a lot of potential with its historic charm - Wonderful yard     Cons:- It’s very old (built in the early 1800s) and has a lot of issues.

In short, I am not someone that sponsors or represents the sponsor of a specific TIC or DST product(s), I simply have the relationships with the ones that do. 

Makes for a great team relationship with them though.  

I've been working with them for awhile and have enjoyed the relationship.

I love having vendors I can build relationships with and can provide me good service, preferred scheduling and knowing if there's an issue they will stand behind their work.  

This caused a historically unique opportunity for investors - they could buy Class A properties and immediately cashflow when renting them out.This couldn't last forever, and it didn't, as excited new investors drove up prices.

It's a nice town, but SW FL has historically been the first to go down in a crash and that area, when it goes, crashes hard.

@Jonathan Warner - not to oversimplfy but historical data from your properties can serve as a helpful benchmark, but you’ll want to adjust for property type, age, and expected repairs.  

From my experience, the best first step is to start building relationships with local investors, agents, and property managers in the market you’re targeting.

Liability protection, especially if you’re holding multiple properties.Partnership structuring, if you’re investing with others.Cleaner separation of finances, if you use a business bank account and separate books.What You Could Do Next:If your goal is to deduct more, consider whether you (or your spouse) can meet REPS or STR criteria in the future.Speak with a real estate-focused CPA to double-check how those reno and repair costs were categorized (repairs vs. capital improvements), and how your passive losses were handled.This post does not create a CPA-Client relationship.