The majority of investors I work with after using this form more or less break even on the rental business which makes it a non event and very little impact to your debt to income ratio.

Any insight on neighborhoods to target for LTR, or lakes to target for STR (open to non lakes as well).  

We only do Drive up Access, non climate controlled.I ask customers how they found us.

Hi all, turning over an apartment and it looks like tenants non-slip adhesive bathtub stickers have removed a layer in this tub.

It seems a bit far and no reliable public transportation.thanks again!  

I believe this situation was handled in a way congruent with BiggerPockets values and ethos - information was discovered, we gave the user in question an opportunity to respond publicly to the allegations, other members of the community chimed in to make comments and ask questions of their own, I made the decision to close the post because I believe many of the top viewpoints were discussed and I didn't want it to turn into shameless trolling with no additional value, that whole thread remains up for community members to view into the future for transparency and anyone who reads it can form their own opinions with the information presented.

its those dreamers that get hoodwinked by fake lenders that tell them what they want to hear just to get some non refundable due diligence money up front on deals they know will never go because the borrower is as you describe or the property aint worth it.

So, non GLA living space still needs to be assigned a value. 

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?

You want it to be easy for your tenants to use to avoid non-payment or technological issues on their end, too.