Washington was the operating partner, with the land being developed for small farms, houses, grain silos, tanneries, barrel manufacturing facilities, churches, stores, etc. 

Assets identified in this study include:Building systems: water heater, electrical distribution, HVAC, plumbinPermanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

It is important to keep in mind that DSCR is just one factor that lenders consider when evaluating a loan application, and other factors such as property condition, location, and market conditions also play a role.It is also a good idea to consult with a financial advisor or loan officer to get a better understanding of the loan requirements and to get an idea of how your investment property will be evaluated by lenders.Feel free to reach out if you need more feedback, happy to help.

You can drop by with a "document you need signed to further explore their application” and while on the porch, take a quick peek inside.

A container of some kind from the dollar store with hand, dish & d/w soap, toilet paper, paper towels, a few trash bags.  

Applicant is ok to show me in person his account information on his laptop, but doesn’t want to put his user name and passwords to those sites into RentRedi application.

Many times the applicant will tell or show you what they are supposed to receive, BUT many times they haven't actually been receiving that money like they are supposed to.

One of them has a great application, and the other has a poor application.

Alternatively, I also help landlord/investors rent out their properties and can help place tenants (complete with the application/screening/viewing process). 

Quote from @Linh Pham: @Josh Skyer You mentioned you posted a listing and got 100 applicants within a week.