Analysis is incredibly important. 

I'd suggest asking your lender to mock up what it would cost to get your rate to 5% and then do a cost-benefit analysis to determine if that's the best use of your funds. 

You need to search for properties near your subject property deal that look like and have the same size as your end result aka a comp aka a comparable.Any quality agent can run your comparable market analysis (CMA), and over time, with practice, you can run your own comps. 

The analysis depends on what date of the month they are required to pay rent.

However, don't prioritize return of capital over return ON capital.Very detailed analysis.

I expect when removing these from the analysis of impact you would remove 25% or more of STRs.

Still cashflows a lot and uses debt responsibly to expand a little faster.I'm curious what you are looking at when doing a deal similar to this to make the right cash offer of not too little but also not too much when thinking strictly in terms of cashflow.My analysis must cover the payment plus $1,000/month if I'm using leverage.

Determine that you'll conclude your analysis by (some date), giving yourself time to get any estimates you need from contractors or suppliers for the rehab.

I'm assuming if I want to get bonus depreciation on my tax return in 2025, I will need to have a cost segregation analysis done by Dec 31.

@Chris Martin Happy to connect you with my contact at Velur to learn more but they identify parcels adjacent to existing solar development (or residential, warehousing... different zoning options for diversification) and do the analysis on value, easements, zoning viability for development etc...they take their cut up front in the sale then when you get an offer for purchase down the road they help review the offer as well.