Forget the lease type that the last owner used...just give the notice. 

You will truly only get out what you put into finding these types of deals.  

Maybe look for a different type of tenant that doesn't leave every year or sell the place if it isn't meeting your other investment objectives.2) As PM's we always seek prior authorization for expensive turns or capital projects, even though the estimates given to our owner-clients are often ball-park numbers.

Purchase price: $515,000 Cash invested: $960,000 Sale price: $1,850,000 New Construction development, What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

This applies regardless of the type of deduction you choose to take for the vehicle.If section 179 doesn't work in your situation, there is bonus depreciation, which allows for a deduction of up to about $20k of the value of the vehicle for 2024. 

These are prime locations, think near downtown or popular tourist destinations where demand for short-term rentals is typically high.

They are not buy and hold forever type properties. 

We both have experience in these types of issues and we are local to the Indy market.

You may also want to consider the type of tenant you are targeting.