So logging those conversations, meetings, or site visits you’re involved in will cover you.Using a spreadsheet to track everything can make life easier, especially if you’re logging hours often.

Many PM companies will not do so at all as it requires a high level of internal coordination and sometimes the tenant just makes your life a nightmare. 

Two life lessons that I've taken to heart:"If not now, when?""

These costs would need to be amortized over the life of the loan or treated as capitalized expenses.

If it's over the limit and wasn't life or unit threatening, then they breached their own contract.Markups:  What does the agreement say for markups? 

Cost segregation studies on condos typically result in a lot of 5 year life which is eligible for 60% bonus depreciation in 2024. 

The numbers are completely fake, with rehab costs that aren't even 50% of real life expenses.

But its also tough, because a 5 or 10 year timespan is basically 100% of your adult life so far, which makes it harder to have this kind of patience.

In your situation, it sounds like the primary focus for you is more a quality of life play (reducing your commute time), and the STR may allow you to break even cash flow wise? 

I would think they would.I was just thinking after seeing someone one the news who had their life savings in Florida STR's.I think it is important to diversity and not have all income producing properties in one place especially when it is prone to a certain type of potential destructive weather.