Hey @Justin Melton, are you also on VRBO?

All those wannabe wholesalers, please read above.  

This helped our CPA know exactly what transactions related to the house.

You can read about the differences here: Cost Segregation Study Approaches ExplainedLet’s first start with what the approaches:Detailed Engineering Approach from Actual Cost RecordsDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling Approach"Rule of Thumb" ApproachSo which of these approaches is required by the IRS?

Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.Rereading my post, I kinda see how I sounded negative toward PMs.  

We just closed on a 71-unit apartment complex, our largest purchase to date.

There a ton of great DSCR options you can find on the Lenders tab at the top of the page, or connect with an experienced broker who can shop all the best lenders for you and educate you on the best options out there.

But right now, it's my understanding that Texas has given a little more time on the requirements.Be happy to assist you...and the price is right...LOL, I don't charge any fee!

Hi @Ian Stuart Thanks for hosting this.

those I think the basic of my questions.Thank you for responding and helping to understand more.