The top chart below quickly shows you what the renovated, avg and distressed homes sell for in that area on a $/sf basis over time, so if you are estimating way over the top line, you instantly know something is off, maybe you have an outlier comp on your hands, etc.It doesn't have STR data, because any STR we build must also pencil as a LTR to avoid being upside down if it doesn't workout, so we use normal residential lease data when underwriting our rentals.As for forecasts on the market, I don't do any aside from the current Q trending % at the footer of the charts, and it's really just the current Q's average data/performance held constant and applied to the rest of the quarter (since not fully done with Q yet).

Current strategy will be to build out as short term rental, 2br 1 ba.Still have not sat down to do business plan, admittedly this is my growth area, but I know its a necessary component to the journey.cheers yall, hope everyone is getting out to enjoy the weather this weekend.

Ownership and usage would be in question; thus they would be tied up legally.Concrete material components are mainly sourced in the US.

It has all the components needed I just need to buy it and stir it up and hope I get great results.But if I want a really good cake, that's pretty and I would be proud to take to my mother in laws house at Christmas . . . well I am going to go to my Sister's house and get her list of ingredients and notes on how to buy them.  

Quote from @Chris Seveney: @James WiseI wonder if there is a statute of limitations component to this Dunno, but it looks like they are looking for 4-5 years in prison for Whalen.

I also agree with James about the legal component, our culture is more litigious than others but there's also less risk that a "lawyer" will run off with all the money here which I have experienced in other "rich" countries. 2.

It really depends on your specific situation.It's good you're thinking about the operational and bookkeeping component for your financial account structure to make things easier on yourself and any financial team members you have or may have in the future.You're ahead of the curve!

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

Assets identified in this study include:Building Systems: plumbing, HVAC and electrical distributionInterior Construction: flooring, drywall partitions and ceilingsStructural Components: doors, roofing, windows and wallsPermanent Fixtures: emergency lighting, restroom fixtures and signageThis 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.

Component Breakdown: The study identifies and separates various parts of your property (e.g., appliances, fixtures, landscaping) into shorter depreciation categories (5, 7, or 15 years) rather than the standard 27.5 or 39 years for real estate.2.