As a landlord be symethetic to the tenants, and use your available resources to assist when they need it, but do not give into demands for situations outside of your control. 

Our mortgage was significantly higher than our flood insurance, and I don't know if we qualify to try to apply for FEMA or if there is other assistance, and if so, if we would apply as a business (we file it on our personal taxes as rental income).

A few updates that didn't fit into the above post:The attorney who handled our closing offered to assist the sellers pro-bono in an effort to recover some of the equity.

v=8QPipxwcGMg&feature=youtu.bePlease let me know if I can be of further assistance. 

We have seen properties for as low as $100k benefit from engineered cost segregation studies. 

Quote from @Jamie Hora: The question you pose in the title, "Is a rezone required if availability study can support more density". 

What you can do to offset this profit is to invest in syndications that do cost segregation studies (which will lower your tax you pay).

@Luis Herna if you need any assistance with funding for the emd let me know!

I'm looking to connect with Huntsville locals who can assist or point me in the right direction. go to the local FB groups I bet there everywhere 

We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct against our W2 (assuming material participation).However, we have been reading through the IRS guidelines (eg publication 946 on Property Depreciation) and there seems to be the concept of "short year" which would mean that we can only deduct ~1.5/12 of a year's worth of depreciation in 2024.Is this correct or are there any different rules for STRs specifically?