If your hold period is short, it may not make sense to take bonus depreciation.BENEFIT - Clearly additional depreciation is the benefit, but only if you can use it. 

Court house steps was foreclosure purchases and sub to purchases to flip.. we hold now long term rentals..

I rehab and also buy and hold.

A good deal won’t matter if your contractor delays the timeline, eating into profits through holding costs.

If it’s at or near 70% we dig into the full cost model that accounts for financing costs (hard money and GAP), acquisition costs, holding costs and selling costs.

I work with a property management company in NJ and we see a lot of success with our clients holding long-term rentals. https://www.tvdhousing.com/Welcome to BP! 

Sounds like you have thought out a lot of this, but maybe also hold a competition with a cash prize at your closest architectural and design school.Can you build it cheaper than someone like this?  

.- You should have required the tenant to sign a Hold Harmless Agreement, indemnifying you against any of their claims.

Changing locks and holding contents hostage maybe.

I included stats on percent unleveraged purchases and that many of those fairly low percent cash purchases in fact use unseen leverage HML, private lending, etc and some are short term cash holds such as a flip or a brrrr that gets financed not long after purchase.